SERVICES

Relocation Appraisal

An appraisal is an independent and professional assessment of a property’s market value. A relocation appraisal is typically required when a company or government agency transfers an employee to a new city and offers to guarantee the sale price of the employee’s current primary residence.

Because selling a home can be a lengthy and stressful process, relocation companies help ease the transition by determining a guaranteed sale price—established through input from both real estate agents and professional appraisers.

A relocation appraisal is generally more detailed and comprehensive than a standard mortgage appraisal. The goal is to analyze market conditions, including supply and demand trends for the specific property type and neighborhood, and to determine the most probable selling price within a 30- to 90-day timeframe.

This value is then agreed upon by both the homeowner and the relocation agency (such as the RCMP, Government of Canada, National Defence, or other corporate relocation programs). With this process, employees can relocate to their new city and purchase a new home with greater confidence and reduced stress.

Pishva & Associates Real Estate Services is an approved provider for most major relocation companies and offers professional support throughout the relocation process. The standard fee for relocation appraisals is $400 + GST.