How to Maximize Your Home Appraisal! – elevate Episode 2 w/ Scott Dugan (Nevada Certified Appraiser)

June 6, 2022

If you’re buying or selling real estate, getting an appraisal is a crucial piece of the puzzle. Today on elevate, you’ll hear from Nevada State Certified Appraiser Scott Dugan. We’ll discover the ins and outs of home appraisals, including what can help — and what can hurt — your chances of getting the highest appraisal possible.

— In This Episode You’ll Discover —
00:00 Introduction
00:40 What is an appraisal?
01:39 How long has Scott Dugan been appraising homes in Las Vegas?
02:30 How to get the highest appraisal possible
03:37 What can sellers do to help their appraisal value?
07:28 How current market conditions are affecting appraisals
10:55 What is an appraisal management company?
12:42 Why all appraisers are not equally competent
14:10 What’s a desktop appraisal?
15:05 What hurts an appraisal’s value?
17:02 What is the cost of an appraisal? How long does an appraisal take?
17:27 Should you get an appraisal before selling?
20:27 A hidden benefit of the appraisal process
24:40 Final takeaways
25:30 Should cash buyers get an appraisal?
26:21 Outro

— Memorable Quotes —
“Any added information is always helpful to an appraiser.” – Scott Dugan

“If you’re not competent appraising certain kinds of properties, you have no business taking that assignment.” – Scott Dugan

“Sellers, get a home inspection.” – Scott Dugan

“It comes back to putting your best foot forward.” – Rob Jensen

— About This Week’s Guests —
With decades of experience, Scott Dugan specializes in the valuation of high-quality luxury homes, including estates and high-rise condominiums. He is a recognized expert for these properties by local Realtors, lenders, attorneys and the courts. Over the past decade or so, Scott has appraised nearly 60% of the $1,000,000 plus luxury homes sold through the Greater Las Vegas MLS.

— Get In Touch With Scott Dugan —
Phone: 702-876-2000
Email: appraisals@rsdugan.com
Website: www.duganappraisals.com

— About The Show —
Elevate is a show that explores the latest in elevated living. Hear from the local artisans, business owners, and innovators who make Las Vegas extraordinary and whose stories and insights will help you live your best life.

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Be the first to learn about new listings, open houses, price reductions, and investment opportunities. And get the inside track with our expert real estate advice, podcasts, the Rob’s Report, and more.