So, this week something new happened. I am working as a buyer's agent on a property that went to contract a few weeks ago. The mortgage company gave an incorrect phone number to the appraisor. The appraisor instead of calling me called the listing agent, who it turns out she knows. The listing agent then calls me and says that she will be glad to help me and let the appraisor into the house.
In the old days before agency and mortgage fraud not a problem. It didn't matter who opened the door for the appraisor because we were all working for the seller. Things have changed or have they. Banks now don't cherry pick the appraisors any longer. I am not sure how appraisors get chosen but I believe it is more of random choice. So when this appraisor called the listing agent who she knows is this a problem in this new age og agency. Should the appraisor stay arms length. Since it is the buyer's appraisal should be the buyer's agent be available for the appraisor?
This particular appraisor has worked in Westchester for many years and is a member of our local MLS. She says "I am a member of the MLS so I can get access to the house myself" Anybody have any thoughts about that? I have been taught to be available and always meet the apprasors. Has this changed as well?
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