Sometimes a simple little grass roots process strategy can make all the difference during a transaction. Especially in the new “TRID” environment, the “Appraisal Strategy” can give you the edge over other agents.
For more real estate tips, tricks, and strategies, visit www.rjbaxter.org
The RJ Baxter Team
Fairway Independent Mortgage Corp, NMLS #2289
12211 W. Alameda Pwky, Suite 210
Lakewood, CO 80228
303-670-0137
NMLS #395819
RJ Baxter Hope more lenders follow your lead. Great marketing to order the appraisal early with a guarantee.
RJ Baxter
Lakewood, CO
As a listing agent, I love the idea of an appraisal being done quickly and on the front end. It will give them pause to think about terminating a contract over piddley things that might arise on an inspection. The concern a buyer may have is additional expense spent should they terminate and obligation for the fee. Hesitation as they have concerns about what an inspection may reveal. In our area, good inspectors are booked out so it is not always achieveable to get that task done early which would endanger the appraiser already going out as well . A balance! Good luck!
Margaret Rome Baltimor...
Pikesville, MD
RJ Baxter
Lakewood, CO
Hi Connie- Thanks for the comment. What I do to prevent worry on the inspection causing the contract to fall out and the appraisal fee being charged to the buyer is if this happens, I pay for the buyer's appraisal on the next contract.
Comments (3)Subscribe to CommentsComment