05/14/2026
We appraised a luxury property…
…and the home ultimately sold for $1 MILLION more than our opinion of value.
So were we wrong?
Not exactly.
An appraisal reflects what the market supports at a specific moment in time — based on the best available comparable sales, current conditions, and buyer behavior at that time.
Markets shift.
Buyer psychology shifts.
And sometimes luxury properties behave differently than the comps suggest.
In this episode of Real Estate Appraiser Secrets, Clint Walker breaks down:
• why this happened
• how luxury buyers think
• why some overpriced homes STILL sell
• and why an appraisal can be both “wrong” and credible at the same time
Watch the full episode on YouTube.
RealEstateAgent Appraiser LuxuryHomes