Episode 106 - Agents and Appraisers CAN Work Together
Despite some opinions (not facts) and individual attitudes, agents and appraisers truly can work together in the process. There are a few rules and some things to consider, but it is possible. When both the appraiser and agent act professionally and in unison, it is possible to work together and maybe even sing kumbaya. Okay, maybe that is a stretch, but both sides put down your negative attitudes and find ways to help each other.
SHOW NOTES
- 01:35 – B is awesome!
- 02:50 – Agents and appraisers can work together, but there are “rules” on when and how we talk to each other.
- 04:46 – When the report is turned in to the client, the appraiser cannot talk to the agent and work with them.
- 05:25 – Fiduciary responsibilities for agents are the same for appraisers with their client (usually the lender.)
- 08:05 – Look for opportunities to learn and get information the appraiser may consider in the valuation process. Maybe that agent can educate the appraiser.
- 10:50 – Send the appraiser information: adjusted comparables, list of updates, multiple offers, and explain the “situation” with your property.
- 12:00 – Sometimes the appraiser calls the agent. This is a good thing! Use this time to your benefit.
- 14:20 – Yelling and arguing will get you nowhere. “You get more flies with honey than with vinegar.”
- 15:00 – Tidewater for VA loans.
- 16:00 – If you haven’t tried to work with the appraiser before the appraisal report is complete. What can you do?
- 17:00 – You will need factual, definitive, tangible proof the appraisal report is wrong. Comparables and adjustments are NOT facts.
- 18:05 – Agents, many appraisers are willing to talk to you. Appraisers, many agents are nice too.
- 18:35 – Appraisers do not have to talk to you, but good appraisers will.
SHOW LINKS
BETWEEN THE LINES LINKS
Email
brian@brianclee.com
Web
brianclee.com
Facebook
https://www.facebook.com/groups/realestatebetweenthelines/
https://www.facebook.com/Brian-C-Lee-111822417027919/?
YouTube
https://www.youtube.com/channel/UCcv4dHU39-b5_QVVCIhbcBA?
