We had an appraisal this morning on one of our listings in Pine Bush, New York. Typically, we prepare a packet to present to the appraiser to support the price. We find that it is really well received. This morning the appraiser said. "You guys are the best!". Here is what we try to include (based on feedback that we have gotten from appraisers in the past):
1. Copy of the listing and any other information for the property available through MLS,
2. Copy of the Deed;
3. Survey (if you have it);
4. Property data card from the municipality;
5. Three active comps;
6. Three sold comps;
7. A copy of the fully signed contract of sale or purchase offer if contracts have not been done yet;
8. Floor plans if available, and
9. Tax map highlighting the subject property.
This really does not take much time at all. If you have a complete listing file, you most likely have all of the information that you need. In this market, we should do whatever we can to support our pricing and help our Sellers get the deal closed.
If anyone else has any suggestions of what else could be included in the packet, please share them. We are always happy to have new ideas. Thanks!