Relocation Appraisal

An appraisal is an unbiased, professional estimate of the value of a property. A relocation appraisal is required when a company or national agency relocates one of their employees to a new city and offers to guarantee a sale price of their current primary residence. Since the sale of a property can be a timely and strenuous process, the relocation company assists by guaranteeing a sale price of their home which is determined by a combination of real estate agents and real estate appraisers. The relocation appraisal is often much more thorough and complex then an appraisal for mortgage financing, as the users want to better understand the demand and supply dynamics for the area and property type and establish the most probably selling price within the next 30-90 days. This price is agreed on by both homeowner and agency (RCMP, Government Staff, National Guard, Canadian Army, etc). As a result, the employee can move to their new city and find a new home with more assuredness and with less stress. Adlaw Appraisals is approved with most relocation companies and can assist in the relocation process. The fee is set at $400 + GST for most relocation companies.

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