I have been doing appraisals for my clients since I started this career choice. I know that there are agents who think this is a crazy thing to do. Put out the money you may lose if the client withdraws, expires or gets themselves another agent. The one thing I can attest to all of you nay-sayers is, the appraisal has "always" eliminated the arguing with my clients over the price. We don't have the discussion about what their neighbors house sold for. There's something about seeing the truth in black and white that stands stronger then anything a Realtor could try and explain. I think it's time for agents to bite the bullet, take a deep breath and eliminate the stress. Even if I lose the sale, I have never had my blood pressure go up or lose sleep over it. We are in a business that even at it's worse, we make more money than the average bear. So my fellow agents, drop the attitude about spending money and make your efforts a little less stressful for you and your client. Less stress, priceless!
Hi Yvonne
I have to agree with you, an appraisal is a valuable tool to effective list and sell homes.
Good luck and success
Lou Ludwig
For additional information go to www.LouLudwig.Com
Von. I agree with you. An appraisal is vital and important in the sale of a house or a protential sale. Thanks for sharing. Royal..
Good Post. Does anyone else have trouble with lenders who seem to be appraising clients credit vs. the property. I know that the "purpose for the appraisal" will yield different outcomes, but I would still think you would have some sort of range like 10%.
I actually suggested this at a listing appointment this week. They have an unusal home and they agreed with me. They are going to do some finishing up with projects have the home appraised, and appraised as a lender whould what one so we will be on target wtih our price.
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