Home Selling in San Diego>Question Details

Michael Ford, Real Estate Pro in ,

Calls from appraisers...any other agents notice this?

Asked by Michael Ford, , Mon Nov 19, 2007

I've received more calls than usual lately from appraisers wanting details on my past transactions. They've all wanted to know details of a deal. They get all torqued when I tell them that they need to contact the principles for deal points as the transaction from my vantage was confidential.

i make it a point to be accurate in the MLS upon closing but they seem to be fishing. has anyone else noticed this?

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Mike, You need to start thinking "Big Picture”. When an appraiser calls me I try to answer their questions without violating my fiduciary. I feel they might be calling some other Realtor/Licensee trying to get a comp on one of MY transactions! So I am always courteous and professional and try to give them what they want. I always though make our conversation a give and take. I give them the information they seek and then immediately ask what are they seeing in the marketplace? Any FSBO's they can tell me about? Maybe folks thinking of selling who have ordered an appraisal pre-sale? Can I send them some of my business cards to refer to a prospective buyer or lender? For this I would also like them to think about handing my card out to any Sellers thinking of using a Realtor.
You want these folks, when they hang up the phone, to have had a good business experience and a good feeling about the Realtor community. Don't cop an attitude. You can never tell when this appraiser may be working on YOUR DEAL!!
1 vote Thank Flag Link Mon Nov 19, 2007
Yes, I have received some calls. They are only trying to be accurate and I only get calls on deals that have something different in them. Appraisers are just trying to get the facts so they can do their jobs.
0 votes Thank Flag Link Mon Nov 19, 2007
I just received a phone call form an Appraiser about a property that's highly unusual - a gorgeous, historical Victorian with vintage carriage house and three little rentals. He was trying to appraise another Victorian multi-unit rental property, so I can see why he could not find the comps.

0 votes Thank Flag Link Mon Nov 19, 2007
Sylvia Barry,…, Real Estate Pro in Marin, CA
Yes. It's pretty common, but it always has been. They want to know particulars of a property..if it were highly upgraded etc.
0 votes Thank Flag Link Mon Nov 19, 2007
Not in our area. Appraisers in our area have a much better relationship with the other "trades" than that.
Web Reference: http://www.iansellsnola.com
0 votes Thank Flag Link Mon Nov 19, 2007
The only time I have gotten calls from appraisers with these questions is when I have sold a house that would be a higher comp than any other in the area. I don't think they were fishing, although I'm not denying the ones who call you are, I know they called because a listing agent having an appraisal done told them "hey, JR has that listing that's in contract over on Smith St that was 900,000." Why do you think an appraiser would make that type of fishing phone call? Just curiousity on my part.
0 votes Thank Flag Link Mon Nov 19, 2007
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