Why Appraisers Call Realtors, Not the Other Way Around

Realtors vs. Appraisers vs. Zillow

“347-0”.

That’s approximately the number of times — including just this afternoon — that I’ve been called by appraisers wanting the scoop on a property I’ve recently sold, vs. the number of times I’ve called an appraiser to find out the same.

Which makes sense: as the listing agent (representing the Seller), I’m thoroughly acquainted with the Comp’s, from the inside out . . . while all they have is the finished square feet, number of bedrooms and baths, and the sales price.

That should give pause to anyone who relies on an appraised value to buy or sell a home — let alone sites like Zillow . . .

P.S.:  Why “347” when I’ve only been involved in perhaps 250 deals? Because appraisers also handle refinancings.

See also, “Cultivating Good “Appraisal Karma”.”



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