Not Your Listing? Please Return the Appraiser's Call!
By Kim & Kristine Halverson, Sisters, Realtors
(Compass)
Not Your Listing? Return the Appraiser's Call Anyway! An appraiser calls you about another listing in the neighborhood, do you return the call? Yes! Even if you are swamped, and have no time. The real estate market is on the upswing. With multiple offers going over asking price, values are rising with each sale! Here is the scenario, you get multiple offers on your listing. A neighbor gets excited, and decides to sell their home. They get multiple offers over asking price too. BUT, there are little to NO comparable sales. You are excited, the seller's are excited, and the neighbors are excited. If you have the appraisal contingency still in place, when the appraiser calls for you and the neighbors house...be prepared! Even if the neighbors house is not your listing! Think big picture....
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