Question:
“I interviewed an agent to list my house. She walked through for a few minutes and told me what price we could get. It surprised me that she gave me a value that quickly after just seeing my house for 10 minutes. It didn’t seem like she did any homework. Is that normal?”
Answer:
Probably (hopefully?) that agent either knows the neighborhood very well already or did her homework before she came by. She should have comps (information on similar homes that sold) to support her value.
Most agents take this one-step approach, while some do it in two steps: see the house, do the homework, then come back to tell you the value.
Either approach is perfectly fine. But if your home is fairly typical for your area the agent should be able to do it in one step.
