Thread: House Appraisal
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Old 03-02-2024, 09:20 AM
CoachKandSportsguy CoachKandSportsguy is offline
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I disagree with broker’s market assessment from experience. Sold a house up in NH. Zillow had $350k. Broker had $175k. Appraisal had $150k. Appraisor uses the same process which a bank will underwrite the mortgage to the buyer. House sold for $149k after sitting with no offers for a month at $175k.

Brokers can inflate prices to get sellers to sign.

Get both is my answer but I am not a cheapeskate when it comes to large $ items where 1% difference can mean $5000 in time or money. Ie never be a motivated buyer, and never utter those words to a broker