accurate appraisal after multiple offers

Is Meeting the Real Estate Appraiser at the Property Important?

meeting the appraiser at the property

Is meeting a real estate appraiser at the property important for a listing agent? This Sacramento Realtor thinks so. Yesterday, I had a call from an appraiser. He was requesting access to a pending East Sacramento listing of the Weintraub & Wallace team at RE/MAX Gold. We met yesterday at 11:00 AM.

In fact, after offer acceptance, I had changed the access notes in MLS to appointment only. This ensures the appraiser does not make entry without my attendance. The reason for this is so that I can ensure he has comparable sales to support the sales price. Additionally, it gave me the opportunity to provide a list of upgrades and replacement dates of systems such as heat/air, roof, and sewer.

Now, the fact we had multiple offers on the property was indicated in MLS, but not every appraiser believes that should afford a price well over the list price. I prepared a market analysis showing sales in the area, attached to the list of upgrades that I gave the appraiser. It is never a guarantee of appraisal value, to offer information to an appraiser, and meeting the real estate appraiser at the property doesn’t always turn out the way we want. However, ask yourself if the above actions are important, rather than just letting the appraiser use the lockbox with no information whatsoever?

As a top producer, we always go above and beyond the typical service level. Our seller lives out of state and has put his faith in us to act on his behalf. We put his interests above our own. Not only do we believe this is important for out of state sellers but for every seller, even if right next door!

Most of the time, we find that meeting the real estate appraiser at the property is a good idea. You now have enough information to decide for yourself. Don’t guess with your real estate sale, call Weintraub & Wallace Realtors today at 916-233-6759!

— JaCi Wallace

Weintraub & Wallace

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