Visit the link below for a first hand account of some of today's appraisal challenges:
Berkshire Hathaway HomeServices Florida Realty | Dressed to Kill...Licensed to Sell (Your Home)
Monday, August 22, 2011
The Appraiser's Role in Today's Real Estate Transaction
Real estate professionals must work with appraisers to provide the latest trend data with respect to specific communities. Agents should provide a copy of the previous survey to the appraiser at the time of inspection if it is available. Realtors should also have a detailed market analysis of the property and the community on hand for the appraisers consideration, which need to include sold as well as active and pending properties. Active and pending listings are strong trend indicators, and may be vital to supporting the contract price being evaluated.
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