{"id":21162,"date":"2022-10-14T12:31:30","date_gmt":"2022-10-14T12:31:30","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=21162"},"modified":"2022-10-14T12:31:32","modified_gmt":"2022-10-14T12:31:32","slug":"can-you-talk-to-an-appraiser","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/can-you-talk-to-an-appraiser\/","title":{"rendered":"Can You Talk to an Appraiser"},"content":{"rendered":"\n

Can You Talk to an Appraiser<\/p>\n\n\n\n

Forty-seven percent of real estate professionals say they have had a transaction fall through due to a problem in the appraisal process, according to the National Association of REALTORS\u00ae\u2019 2022 Appraisal Survey<\/a>. The most common culprits are an appraised value coming in lower than the contract price and a perception that the appraiser lacks knowledge of a neighborhood or uses inappropriate comps, the survey shows.<\/p>\n\n\n\n

The survey of more than 600 appraisers and 2,500 residential real estate pros was conducted in May.<\/p>\n\n\n\n

Yet, many real estate professionals say they are fearful of talking to appraisers and try to keep their distance from this part of the transaction. Twenty-one percent say they interact with appraisers only when there is an issue with the value; 19% say they don\u2019t interact with appraisers at all. Of those who don\u2019t interact, most say they avoid contact because they think they\u2019re not legally allowed to speak to the appraiser, or they\u2019re concerned that the interaction might lead to appraisal bias.<\/p>\n\n\n\n

However, \u201cregulations allow real estate agents, or other persons with an interest in the real estate transaction, to communicate with the appraiser and provide additional property information, including a copy of the sales contract,\u201d according to NAR\u2019s FAQs on the residential appraisal process<\/a>.<\/p>\n\n\n\n

Real estate pros who do interact with appraisers say they try to provide additional information<\/a> to help them in their valuation, the survey shows. These pros also may meet with the appraiser onsite to provide comps, a list of improvements made to the property or information on multiple offers.<\/p>\n\n\n\n

\"Appraisal<\/figure>\n\n\n\n

\u00a9National Association of REALTORS\u00ae
Reprinted with permission<\/p>\n","protected":false},"excerpt":{"rendered":"

Can You Talk to an Appraiser Forty-seven percent of real estate professionals say they have had a transaction fall through due to a problem in the appraisal process, according to the National Association of REALTORS\u00ae\u2019 2022 Appraisal Survey. The most common culprits are an appraised value coming in lower than the contract price and a … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-21162","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nCan You Talk to an Appraiser - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/can-you-talk-to-an-appraiser\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/can-you-talk-to-an-appraiser\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/can-you-talk-to-an-appraiser\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Can You Talk to an Appraiser\",\"datePublished\":\"2022-10-14T12:31:30+00:00\",\"dateModified\":\"2022-10-14T12:31:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/can-you-talk-to-an-appraiser\\\/\"},\"wordCount\":277,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/can-you-talk-to-an-appraiser\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cdn.nar.realtor\\\/sites\\\/default\\\/files\\\/styles\\\/inline_paragraph_image\\\/public\\\/appraisals_interactions.png?itok=8E82y2en\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/can-you-talk-to-an-appraiser\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/can-you-talk-to-an-appraiser\\\/\",\"name\":\"Can You Talk to an Appraiser - 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