If you work with a well-connected agent, this information(appraisal value) is usually obtainable. It's makes a difference who you work with. If you are getting over-bid, it might not be the price, it might be how your offer is presented. Are you properly evaluating the home for value? Do other agents want to work with your agent? As a listing agent, this make as HUGE difference.
You will not be able to find out what the home appraised for, but in most cases, you will be able to find out the purchase price. You can ask your realtor to provide the information for you.
Elva A. Wormley
C2 Financial Corporation
2845 Moorpark Avenue, Suite 209
San Jose, CA 95128
Appraisal info can be obtained by asking the appraiser of the property, the buyer or the buyer's broker.
Releasing appraisal info to third parties is purely discretionary.
Final purchase price is not public record until the transaction is complete, close of escrow.
Although inside information can get you the contract price prior to close, it is not the actual price until it closes escrow. This contract value cannot be used on a new valuation until the transaction closes.
If you are working closely with a real estate professional, they can access that information via the MLS.
I just commented on appraised value in my blog.
If a home does not appraise, the contract is subject to renegotiation or if the buyer has waived their appraisal contingency, the buyer will have to make up the difference in cash as the lender will not lend over appraised value.
What feedback are you receiving from your real estate professional? Are you being outbid by multiple offers?
The market has definitely turned from buyer to sellers market. Inventory is low. Supply and demand law applies here.
Buyers may receive higher appraisals on properties than what they're buying them for.
And on another hand, some properties may appraise for less than what the buyers offered...in which case the buyers have options
1. if they're getting a loan, they can ask the sellers to reduce the sales price
2. if the sellers refuse, the buyers can walk or
3 the buyers can come up with the difference between the appraised and offer prices
So I guess your question is really not how much the houses are appraising for, but rather what they're selling for. And yes, most agents won't divulge that information until the escrow closes and goes on record, at which time it will be public information
Several sites, Trulia, for example, can provide this information if the selling agents update their entries
I hope this helps,
Rocky G.H. Hawrysz
Prudential California Realty
License No. 01468373