26/08/2021
"A few years back, my appraiser friend Ryan Lundquist wrote a blog post about the many various ways a Realtor can pressure an appraiser. You can read his article here.
In his post, he lists 10 things as a Realtor (or even homeowner), you should avoid saying to the appraiser:
I’ll be happy as long as it appraises for at least the sales price.
Do your best to get the value as high as possible.
The market has been “on fire”. You shouldn’t have any trouble with the appraisal.
Is it going to come in at “value”?
I never say this, but if you can just work some magic this time, you’ll be my hero.
If this doesn’t “appraise”, the seller is going to go into foreclosure.
I would be shocked if it didn’t “appraise”.
I really hope this works out. No pressure or anything though.
The son has cancer. It’s been really hard on the family. The last piece to wrapping up this transaction is the appraisal.
I don’t want to ask you to do anything unethical, but just do your best.
So that’s it! Just keep your communication to the appraiser about the facts of the home and neighborhood, how you priced the house, and any other relevant information you think the appraiser should know. And remember, don’t discuss value. Don’t pressure the appraiser to ‘hit the value’ and you’ll be fine."
In this very important blog post, we dive into how all parties in a typical real estate transaction can speak to each other to help achieve the common goal of helping homeowners buy and sell real estate. Yes! You Can Talk To The Appraiser!Yes! You Can Talk To The Appraiser! Appraisal Process - River...
