If you're an employee, an in-house HR person or relocation services company in need of a local appraiser, look no further. Our Houston area ERC appraisal service is performed by appraisers who have knowledge of the local market and the skills needed to provide an accurate and timely appraisal report.
Need A Houston Area Employee Relocation Appraisal (ERC)?
Let’s face it; work is a part of life. Sometimes our professions require relocating and we all know that moving can be a stressful time for everyone involved. Luckily many employers offer relocation benefits packages. These packages typically include an employee home purchase program. When you put your "old" home on the market and take advantage of your employer's relocation assistance, you're interested not in the "fair market value" of the home, but its anticipated sales price. We will work within your busy schedule and get your relocation appraisal done quickly and accurately, so you can spend your time with the many other important things that need to be taken care of during this busy time in your life.
How Are ERC, Employee Relocation Appraisals, Different?
An "ERC" appraisal is prepared differently than a typical appraisal. The purpose of a typical appraisal is to evaluate the property and estimate a value as of the day the property was visited by the appraiser. The purpose of an ERC appraisal is to develop an opinion of the "Anticipated Sales Price" of a relocating employee’s residence as of a projected date in the future. When we perform a relocation appraisal, we consider recent closed sales but also competing listings in the area. We offer a forecast of the likely sales price you can rely on, considering the dynamics of the neighborhood at the time of the relocation.
How Do I Know I am Getting an Accurate Appraisal?
Most relocation companies utilize two appraisers for each property. The use of two appraisers insures a high degree of accuracy. If there are two appraisals, the value conclusions should be within 5% of each other.
In very rare cases, the two value conclusions may differ by more than five percent. This can happen when the subject property is particularly unique or the market is very difficult to quantify. In the event that there is a difference of opinion, a third appraiser is usually contracted to appraise the property. The third appraisal should fall within 5% of one of the two original appraisals. The "outlier report" should be thrown out.
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Texas Counties We Cover
- Harris
- Montgomery
- Fort Bend
- Brazoria
- Galveston
- Liberty (partially)
- Chambers (partially)
- Waller (partially)
Real Estate Appraisals For
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Tax Protest Appraisals
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