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Clueless Agents, what do to?
When an agent rejects a perfectly good offer with a value that you know will never appraise, what can you do?  I like this agent and my client loves the property, but during our back and forth on the purchase price I was told a number of things about how Appraisers do their job.  Not wanting to get into an argument I suggested that he was wrong and that the price they have on their property will not appraise.  I was sent a long and nicely written note by the agent, which I appreciated, there just aren’t enough polite agents, but his thinking was so far off.
Huffington Post most ridiculous real estate signs
I was told that Appraisers never use price per square foot in their calculations.  I work with a lot of cash buyers and always have our properties appraised because the lack of a bank that triggers the appraisal makes this necessary.  Knowing that price per square foot is one of the many calculations that are used I am wondering how to respond.  Truth is the deal will fall through if someone steps up into his price, but me saying that sounds as bad as he telling me ... more

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