Conrad  Allen, Webster, Ma, Realtor (Re/Max Professional Associates)

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Rainmaker
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Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Geneva Financial, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Yes. And usually error are found, but that is another story trying to get an appraiser to adjust the appraisal after the fact. This is another strong reason why the agent for the seller and buyer need to be present at the appraisal to offer comps and detail improvements to strengthen the price argument,

May 01, 2015 11:08 PM
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John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

In NM the buyer always sees the appraisal and the seller gets to pay for it without seeing it.  Try explaining that one to a seller. 

May 01, 2015 11:07 PM
Rainmaker
1,644,043
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker and Attorney Licensed in DC, MD, VA,

Absolutely - it is good for the buyer to keep in their file - either way 

May 01, 2015 10:12 PM
Rainmaker
2,926,483
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

I have them ask for the appraisal either way but yes, especially when it does not appraise and i pull their comps and check themn myself.

May 01, 2015 09:56 PM
Rainmaker
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Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Conrad. I can't see any reason for not asking for the appraisal. We will always give the the buyer a copy for their review. They paid for it, they should have it.

Make it a great weekend!

May 01, 2015 09:42 PM
Rainer
273,744
Curtis Evans
Cabin Realty LLC/ USA, Licensed in Louisiana - Golden Meadow, LA

Yes, The buyer usually pays for it, should always get a copy .

May 01, 2015 09:22 PM
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Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com

Even if the property appraise or not my buyer will request a copy of the apparisal. 

May 01, 2015 11:05 PM
Rainmaker
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Richard Weeks
Dallas, TX
REALTOR®, Broker

Federal guidelines require a lender to give a copy of the appraisal to the buyer,

May 01, 2015 10:51 PM
Rainmaker
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Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Oh absolutely. We need to understand what the analysis showed and see if there are any egregious errors (which I've found more than once) and then be able to use it to negotiate with the seller.

May 01, 2015 10:30 PM
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Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Conrad Allen Yes, the buyers should get a copy since they paid for it.

May 01, 2015 10:25 PM
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Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I always ask the buyers to ask for the appraisal report.

May 01, 2015 10:18 PM
Rainmaker
302,629
Cindy Davis
SD Home Source Realty - San Diego, CA

Absolutely, it's important to see what comps were used, if they missed any upgrades, etc.

May 02, 2015 12:56 AM
Rainmaker
737,601
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Of course the buyer did pay for it and should take deliver of the appraisal for which they paid.

However, their possession is not relevant.  The outcome of the appraisal was already known (after all WE do this stuff)  and the plan B already in position. The one who will want to see and respond to the appraisal is the SELLER and the sellers agent.

If the sellers agent did not protect the seller, they will get the squeeze. If the sellers agent DID protect the seller, I do squeeze, then head to Plan B.

May 01, 2015 10:37 PM
Rainmaker
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James Dray
Fathom Realty AR LLC - Bentonville, AR
Exceptional Agents, Outstanding Results

Around here who ever pays for the appraisal gets a copy of it.  Just common practice in my area. 

May 01, 2015 09:54 PM
Rainmaker
629,057
Ajay Pandya
e-Merge Real Estate - Columbus, OH
Realtor Ajay Pandya

Sometimes.

Aug 02, 2018 11:38 PM
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Tammy Adams ~ Realtor / Podcaster
Maricopa Real Estate Co - Maricopa, AZ
A Maricopa Agent who Works, Lives & Loves Maricopa

In Arizona the buyer pays for thier appraisal. If it doesn't appraise and I represent the seller you bet I ask so we can figure out our next steps. 

May 03, 2015 03:29 PM
Rainer
60,491
Renee Paray
Coldwell Banker Preferred - Blue Bell, PA
REALTOR

Yes, I have the buyer ask for a copy of the appraisal report when the home doesn't appraise for the purchase price. 

May 02, 2015 09:07 PM
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Conrad Allen - I think in MA, buyers DO get the copy of appraisal report within 3-5 business days.

Joe Petrowsky am I correct?

May 02, 2015 02:17 PM
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Yes, I generally try to get the appraiser to reconsider so I need to know which comps were used so i can find better ones. I even have appraisers call me and tell me the comps that they used and ask me to help find better ones.

May 02, 2015 11:26 AM
Rainmaker
976,408
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

60% of sellers have their idea of selling price.  They think they are in charge of marketing.  I only chose to work with those whom I can level with.

I typically leave the mini-appraisal with the sellers. Often the sold value or appraised value is what I gave them.

 

May 02, 2015 07:20 AM
Rainmaker
4,832,668
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

yes.... we need to know what the appraiser used for comps.... and we provide what's needed....

May 02, 2015 06:29 AM
Rainmaker
4,796,409
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Yes, I will ask them to do it and send it for my review if they are willing,

May 02, 2015 05:30 AM
Rainmaker
633,704
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

We don't have to ask. The buyer gets a copy and I ask to see it if I'm not copied.

May 02, 2015 04:24 AM
Rainmaker
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Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Conrad -- I would expect a copy of the appraisal -- the buyer has paid for it.

May 02, 2015 02:29 AM
Rainmaker
671,360
Bob Force (REALTOR®)
Weichert - McKenna & Vane - Mount Airy, MD
The FORCE in Maryland Real Estate

Yes, The buyer is entitled to it, they paid for it.

May 02, 2015 02:15 AM
Rainmaker
1,232,855
Raymond E. Camp
Howard Hanna Real Estate Services - Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

Yes as it shows the comps they used and to see if they are correct.

I have one coming up that will be interesting!

May 02, 2015 12:36 AM
Rainmaker
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Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Our buyers always get a copy of the appraisal, thought that was mandatory.   I had one yesterday that came in $2K under contract price, working through that now. 

May 01, 2015 11:41 PM
Rainmaker
3,975,320
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Only if there is a problem

May 01, 2015 11:11 PM