Talk of The Villages Florida - View Single Post - Buyers Market and Record Numbers are Backing Out
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Old Yesterday, 05:08 PM
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Quote:
Originally Posted by HappyTraveler View Post
Good post. I will add that if a buyer is paying cash and they know how to use Zillow, Realtor.com, Redfin, etc. to dig into the specifics of comparable properties that have sold in the last 6 months - they don't need to spend the $$ on an appraisal.

I have found appraisers to be mediocre at determining value and some agents, the same, at determining appropriate pricing. It is not difficult to find-out both yourself with some adequate research and analysis. Save yourself $400 or $500.
Zillow appraisals are usually about 30% off. Unfortunately, that's either way.