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ValueWatch

ValueWatch from Mike Lefebvre, The Uncommon Agent

ValueWatch is the program I have developed for my preferred homeowner clients to help manage the equity of their largest investment: their home. Step 1 is a personal visit the property to perform a Fannie Mae/Freddie Mac Uniform Residential Appraisal Report (URAR). The is the federally mandated document for all real estate lending transactions and is a much deeper valuation analysis than a typical broker’s competitive market analysis (CMA). In my appraisal business I charge $300 for this report. For my ValueWatch clients it’s free.

Once the appraisal report is complete, and we have a baseline from which to start, we proceed to Step 2. At this point, I enter my clients’ relevant information into my system and three times a year we re-visit the file. My client will receive a notification from me that it has been 4 months since we last appraised their home and we need to schedule a time to go over how the current market may potentially be effecting their value. We take a look at any recent improvements they have done to the home and analyze current market data to adjust the previous report to bring the value current. This way we keep a constant eye on how the market is effecting the equity in their home.

ValueWatch is a free service I provide to my top-tier clients. Whether they are planning on selling in the near future, the long-term future or not at all, it’s a great way to keep a finger on the pulse of their equity position and just another “uncommon” way I conduct my business.

To get enrolled in the ValueWatch program please contact me via any of the methods listed at the right.

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One comment

  1. […] appraiser was “sickened by Mike’s performance of an appraisal on each of his listings to more accurately price the property and alludes to connecting him to bank fraud (the irony is […]



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