If I am interested in selling the property, how can I know its current value? I would love to know about the process itself as well
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Between 90-180 days back - any local agent can do you a CMA
Order a local broker who lives and breathes the market and this is called BPO short for broker price opinion
Check with your realtor, he will give you a history of your area so you will get an interaction,
It is also possible to order an appraiser but it is quite unnecessary.
Check Compass for 3 or a maximum of 6 months, the market has changed dramatically.
There is an option for the broker to do through a beautiful RPR Comp system and an even more beautiful report.
Contact a local broker in the destination country.
Realtors do not do Appraisal but Comps (comparison to similar houses sold considering size etc.). They will give you an indication of the value of the house and a recommendation on how much to sell the house.
At the same time you can order an Appraiser who will evaluate the value of the house. It is less common to also hire an appraiser because he usually relies on similar homes sold himself. The person who requires an appraiser's report is the lending bank of the buyer, but even then they do not have to disclose the value of the daughter assessed to you, the seller.
Brokers will usually take 6% with 3% of the 6% being paid to the buyer’s broker.
Order 3 realtors who will make you an appraisal and check back a year how many identical properties were sold in the neighborhood
Local appraisal