15d • 🤔 General discussion
The Low Appraisal — Here's Exactly What I Say
Low appraisal. Deal almost dies. Here's what saves it.
Step 1: Don't panic. Buyers panic because agents panic.
Step 2: Get the appraisal report immediately. Look for comps they missed. Wrong square footage? Condition adjustments that don't apply? Those are your leverage points.
Step 3: Request a reconsideration of value. This works more often than people think — especially if you bring 2-3 strong comps the appraiser didn't use.
Step 4: If reconsideration fails, go back to the seller. Most of the time, there's a number somewhere between the appraisal and the contract price. Find it.
Low appraisal is a negotiation, not a death sentence.
Drop any deal scenarios in the comments and I'll work through them with you.
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The Low Appraisal — Here's Exactly What I Say
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