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Do you meet your appraiser? What are your thoughts?

By
Real Estate Agent with RE/MAX Revolution

opening doorThe eternal question: to meet or NOT to meet the appraiser. What is your process and expection (I'd love to hear from all you APPRAISERS out there too!)

 

CAMP A: "LEAVE THEM ALONE!"
This group often says "let them do their job." Appraisers have their OWN comps, often more in-depth than agents can pull because they have access to the FSBO homes. All you crazy Realtors try to "sell the house" to the appraiser, which just gets on their nerves. Get out of their way and let them do their assessment.

 

CAMP B: "YOU MUST MEET THEM!"
This group feels it is our professional responsibility to meet the appraiser and make ourselves available to point out any items of the home which may be overlooked. Also, it may be good for the agent to be on-site in case there are any requirements that come up or any discrepencies which need to be discussed.

 

Every agent is different and every appraiser is different. I'm curious what your personal thoughts are. Please comment and share with the audience! 

Posted by

  Jay O'Brien, Kansas City : Social Media Guy (RE/MAX Revolution)Jay O'Brien
 
RE/MAX Revolution, Kansas City, Missouri

  www.JayTheHomeGuy.com

 

Linda Jamail Marshall
Linda Marshall,Houston Texas, Linda Marshall, Realtors® - Houston, TX
Broker, ABR,QSC,RECS,ACRE - Innerloop Houston, Tex

Good blog to spur discussion.

If I can't meet them I certainly try to get on a friendly level with them so they will call me immediately if there is any question in this Squirrly market.

Greetings from Innerloop Houston Texas

Jan 09, 2012 03:32 AM
Nick Vandekar, 610-203-4543
Realty ONE Group Advocates 484-237-2055 - Downingtown, PA
Selling the Main Line & Chester County

In today's makret with many appraisers being from out of the area, it is sometimes necessary to meet with them to see what comps they are using and if they are doing a fair job. We have had two properties recently where we did not meet the appraiser and both appraisals were in my opinion badly done. One although listings are selling in days, not weeks, not months but days of coming on market that appraiser still said it was a declining market, although he appraised it more than a recent appraisal by the seller done before the home was listed. A second appraiser of one of my listings underpriced a home whilst using comps from miles away but refusing to use the obvious comps closer to the property that were priced higher.

So in my opinion I should meet the appraiser in today's market and show them my comps and see what they are considering using. 

Jan 09, 2012 05:45 AM