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Why Agents Should Share Their CMA With The Appraiser

Birmingham Appraisal

Appraiser and Agent Collaboration is a Good Thing The importance of collaboration between real estate agents and appraisers can be a touchy subject. On one hand, the real estate agent’s main goal is to advocate for their client while the appraiser must be an impartial and non-biased third party.

Agents 87
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2024 Bidding Wars – How to Strike and Win

Lamacchia Realty

They should be well known, respected among agents in the area, and highly specialized in mortgage lending. Lenders lend based on the appraised value or purchase price (whichever is lower), so if you offer based on the higher list price, you’re responsible for covering the difference. Real estate is a long game.

Buyers 65
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7 Easy Steps to Reduce Appraisal Revision Requests

Clear Capital

Delays in responding to revision requests can have a serious impact on all lending parties during the review process. This strategy often backfires because parties involved in the lending process cannot find the specific information they are looking for in the report. Reduce lengthy commentary.

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2023 Bidding Wars – How to Strike and Win

Lamacchia Realty

They should be well known, respected among agents in the area, and highly specialized in mortgage lending. Lenders lend based on the appraised value or purchase price (whichever is lower), so if you offer based on the higher list price, you’re responsible for covering the difference. Real estate is a long game.

Buyers 41
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2022 Bidding Wars – How to Strike and Win

Lamacchia Realty

They should be well known, respected among agents in the area, and highly specialized in mortgage lending. Lenders lend based on the appraised value, so if you offer based on the higher list price, you’re responsible for covering the difference. Here are five homes that recently sold for over asking price: Escalation Clause.

Sellers 69
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Getting Appraisers to Reconsider Value—Do’s & Don’ts

Portland Appraisal Blog

You’re a real estate agent and after a lot of back-and-forth, give-and-take, offers and counteroffers, you’ve helped your client negotiate a sweet price for their home. If you are a real estate agent, has this ever happened to you? 4) “Bracketing” of most major features. (No What just happened? It’s not fair.