Admin

Spam prevention
Rainmaker
4,486,974
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

We have noticed that many don't want any input...

Mar 30, 2016 09:33 PM
Rainmaker
2,246,078
Michael J. Perry
Fathom Realty - Lancaster, PA
Lancaster, PA Relo Specialist

On occasion

Mar 30, 2016 09:32 PM
Rainmaker
557,036
Greg Cremia
Shore Realty of the Outer Banks - Nags Head, NC

They just throw it in the trash after they shrug off the insult (hopefully) of being told they are not competent enough to find appropriate comps.

Mar 30, 2016 09:53 PM
Rainmaker
1,869,168
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

Yes, plus the feature sheet showing all the updates/upgrades. I just hand it to him, nothing said about it.

Since I work for the seller I be sure that the appraiser gets 'my' set of comps. Not everyone is thorough or knowledgeable.

Mar 30, 2016 09:51 PM
Rainmaker
4,434,227
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

no

Mar 30, 2016 09:42 PM
Ambassador
1,049,541
Mimi Foster
Falcon Property Company - Colorado Springs, CO
Voted Colorado Springs Best Realtor

I work in a niche market and appraisers often get it VERY wrong because the same house in a five block range can vary by $500,000. When the appraisal is scheduled, I email comps to them. 

Mar 31, 2016 10:31 AM
Rainmaker
1,749,577
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

If expected to be a tough appraisal; YES!

Mar 31, 2016 09:35 AM
Ambassador
2,182,739
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Whenever possible I offer it to them, some appraisers appreciate the information, others feel they are ok without it. I feel that just being there available for questions is helpful especially when a property had extensive upgrades or remodeling done to it.

Mar 31, 2016 08:53 AM
Rainmaker
1,646,772
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC • Short Sale • Probate

Yes, if I'm able to meet an appraiser. I bring comps and all other necessary information they might need. 

Mar 31, 2016 06:26 AM
Rainmaker
4,800,282
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I may give the appraiser some information about the property that may not be readily apparent.  If it's an out of town appraiser I may also give him some additional comps.

Mar 31, 2016 04:42 AM
Rainmaker
5,584,478
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

I always prepared a very complete package that saved the appraiser alot of time.... very detailed information about the house, also....plus all of the information from the town records....

Mar 31, 2016 12:06 AM
Rainmaker
8,125,230
Roy Kelley
Retired - Gaithersburg, MD

This is a good practice.

Mar 30, 2016 10:32 PM
Rainmaker
4,721,936
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

I have subject property information along with comparable sales.  

Mar 30, 2016 10:29 PM
Rainmaker
5,288,788
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker

Can't remember the last time I did so. The one time I did, the appraiser took the document, crumpled it up in her hand and stuffed it into her bag.

Mar 30, 2016 09:51 PM
Ambassador
6,662,384
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I have not so far, but the last appraiser did a poor job of selecting them and I probably should have helped him out a bit to find More accurate comps.

May 16, 2017 11:17 PM
Rainmaker
1,618,024
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

at certain times

Apr 14, 2017 06:03 AM
Rainmaker
5,986,056
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Absolutely, comps and the upgrades to the listing.

Apr 02, 2016 12:41 AM
Rainmaker
617,985
David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation
Colorado Real Estate Advisers LLC - Colorado Springs, CO
Relocation, Luxury & Lifestyle residential

Peter,
It is my job to do everything I can in my seller’s best interest. I have had good luck making comps and a feature sheet available to appraisers.

Apr 01, 2016 08:01 AM
Rainmaker
5,460,225
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Not usually!

Mar 31, 2016 09:57 PM
Rainmaker
2,538,739
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Peter. I recommend to all listing agents to have comps ready for the appraiser, most appreciate the efforts.

Mar 31, 2016 07:08 PM
Rainmaker
4,322,035
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Peter Mohylsky  -  I tried to do it once and appraiser was upset with me!

Since then, I do not.

Mar 31, 2016 01:54 PM
Rainmaker
3,988,138
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Not generally full sheets or a packet. I know most of the appraisers in the area and give them addresses of closed properties that will be the most comparable. Most of them don't need the help.

Mar 31, 2016 12:07 PM
Ambassador
3,421,649
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I provide the comps I used to determine price ... and note upgrades impacting value. 

Mar 31, 2016 11:59 AM
Rainmaker
1,683,918
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

No 

Mar 31, 2016 10:48 AM
Rainmaker
3,986,473
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Only if they k for ne

Mar 31, 2016 08:38 AM
Rainmaker
1,713,581
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

You cannot influence the appraiser. 

Mar 31, 2016 07:29 AM
Rainmaker
5,177,020
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Most time but some of them will not even take them

 

Mar 31, 2016 03:14 AM
Rainmaker
1,535,414
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

YES!  Regardless if they ask for it or not, it's our job to justify the price.

Mar 31, 2016 02:42 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Absolutely!

Mar 31, 2016 01:23 AM
Ambassador
2,310,713
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

Not unless they ask for it.

Mar 31, 2016 01:01 AM
Rainmaker
5,095,750
Richard Weeks
Dallas, TX
REALTOR®, Broker

If I feel there is something of value I can add I will.

Mar 31, 2016 12:38 AM
Rainmaker
1,614,258
Thomas J. Nelson, REALTOR ® CRS,ABR,PSA,RCS-D, ePRO
Big Block Realty 858.232.8722 - La Jolla, CA
Serving Coastal San Diego, Veteran's & Seniors

Most definitely, I leave them in the entry way of all my listings that are vacant, since they go stealth. I meet them & greet them and offer a packet when my listings are occupied and as a buyers agent, I work with the listing agent to do the same. Always short, sweet and non-confrontational.

Mar 31, 2016 12:28 AM
Rainer
321,664
Melissa Jackson REALTOR
Trinity Premier Properties - Azle, TX
Helping You Make The Right Move

I don't think it would make much difference unless the property was very unique.  

Mar 30, 2016 11:51 PM
Ambassador
3,210,589
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

totally depends on appraiser.  If they are not local to my market and it's my listing of course I do.

Mar 30, 2016 11:44 PM
Ambassador
5,156,528
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Yes - information about the comps, and a list of any improvements to the house plus the listing sheet

Mar 30, 2016 11:37 PM
Rainmaker
3,074,289
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Coldwell Banker Realty

No.  And why do appraisers need to know the contract price??

Mar 30, 2016 11:18 PM
Rainer
225,576
Bob Betel
Allstar Home Mortgage, Inc. - Sweetwater, TN
President, Allstar Home Mortgage, Inc

Appraisers don't want anything from agents or brokers. I know you are trying to help them, but don't. Let them do their job and you do yours.

Mar 30, 2016 11:18 PM
Rainmaker
1,466,257
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Peter Mohylsky I don't put a package together, but I do provide the comps I used to justify the list price.

Mar 30, 2016 11:11 PM
Rainmaker
613,494
Eve Alexander
Buyers Broker of Florida - Tampa, FL
Exclusively Representing ONLY Tampa Home Buyers

As an exclusive buyers agent it is not my job to keep the price up or make sure that it appraises.  That should not be a buyer agent concern, unless they are desperate to close the deal.

My fiduciary duty is to get the lowest price for my buyer...so if the appraiser thinks the property is not worth the sales price, so be it.  

Seller will have to reduce the price.

Eve

Mar 30, 2016 11:03 PM
Rainmaker
931,428
Jeff Pearl
Samson Properties / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Sometimes. It depends on the property.

Mar 30, 2016 11:02 PM
Rainmaker
2,840,735
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Only when it might be needed. Apprasiers have access to common sources. What they need is what they dont know or have.

Mar 30, 2016 11:00 PM
Rainmaker
824,029
Susan Laxson CRS
Palm Properties - La Quinta, CA
California Real Estate Specialist

Yes, I bring it with me and if they want/need it, I provide it. Some do and some don't.

Mar 30, 2016 10:52 PM
Rainmaker
1,677,946
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

I tell my sellers they can print off a list of updates and leave for the appraiser.  We are not to contact or try to influence the appraiser in our area.

Mar 30, 2016 10:36 PM
Rainmaker
3,416,372
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

On some homes yes, but knowing that appraisers usually do not look at what agents give them, i make sure they are true comps or i could hurt my own efforts

Mar 30, 2016 10:14 PM