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All real estate agents aren't brain dead. Are they?

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Lee in L.A.

Thread Starter
Elite Member
Joined
Jan 24, 2002
Professional Status
Certified Residential Appraiser
State
California
Had one today, a big rush of course. A 7200 SF house, sale of $1.2M. After about 30 minutes or so, the buyers agent comes over where I'm measuring the house, and asks how much longer I need. I tell him I'm almost done outside, probably need another 30-45 minutes.

Then a couple minutes later both of them come back and listing agent says she has to go, can't wait, has a meeting. I'll get in trouble (like a care). Tells me the "other appraiser only took 1/2 an hour, he was in and out". Now, I'm not the fastest guy I guess, and the house was pretty easy to measure for it's size. But to get the whole inspection done in 30 minutes on that size house, there's no way I can see anything other than a 1/2 a**ed job was done.

Anyway, she would not let me and the other agent stay, but locked up the house, and we all had to go back later in the day to finish. How professional.

Grrrrr. :x :evil:

Just venting. Can you say mental reject? :roll:
 

David S. Roberson

Senior Member
Gold Supporting Member
Joined
Jan 16, 2002
Professional Status
Certified Residential Appraiser
State
Tennessee
Extra Trip Fee!!!!!!!!!!!!!!!
 

Mountain Man

Elite Member
Joined
Jan 15, 2002
Professional Status
Certified General Appraiser
State
Georgia
Ditto :!: Extra tip fee. When the buyer finds out that THEIR agent cost them money, stand back. 8)

VERY un-professional. Do agents in your area not have a reciprocal showing agreement? They area mandatory in our area, if you want to use the MLS and lock boxes.

Mell.
 

Lee in L.A.

Thread Starter
Elite Member
Joined
Jan 24, 2002
Professional Status
Certified Residential Appraiser
State
California
Extra trip fee for sure, but it still hacks me off. Many of the agent's use lock boxes but I don't think there's any obligation to let people into the house without the listing agent being there. I mean in the flesh, obviously not mentally.

I think she's just paranoid or something. Like we're going to call the moving van that's around the corner waiting. :D

Most of the big $ folk who can afford that much tend to ignore the appraiser just like the gardener or maid or something. Actually that's fine, I prefer that to a homeowner who follows you around like a dog or something, and wants to talk. I'm not against talking, but it can be distracting from the matter at hand. And they always aks questions I don't want to answer. :)
 

Mountain Man

Elite Member
Joined
Jan 15, 2002
Professional Status
Certified General Appraiser
State
Georgia
:roll: I can understand that kind, I sympathize. Apparently, the agent also thinks that they are of the same cloth.
 

jtrotta

Senior Member
Joined
Jan 16, 2002
Lee;
Maybe the meeting was for another Deal (you definitely-won't rate a priority in that situation) :( The chat about the other appraiser only taking a half hour, was to goat you into rushing :? Lastly, your the supporting documentation they need, you were choosen 2nd, so you will always be #2 :lol: in this scenerio 8O


the lighter side 8)
 

J. Parker Graham

Freshman Member
Joined
Jan 19, 2002
Lee in L.A.,

The agent you encountered can not be brain dead to have a 1.2 M listing.
Some agents know the game and play it well. The manipulation of appraisers, value, buyers, and sellers is common place. Some realtors have contempt for the entire "appraisal process" because they claim to "know value".

I tend to sidestep all of this by doing the interior inspection first, and giving the owners/agents the option of leaving while the outside mesurements are made. When the agents present the entire MLS reprinted with sales that are only higher than the subject sales price - I smile and say thank you. There may have never been another 1/2 hour jack rabit appraiser before you. I would have called the mortgage company upon returning from your inspection to tell them there will be a delay, and why.

Not all inspections go well. A lot of top agents tend to have an assistant.
The assistants are more amenable. I have spent up to two hours measuring, just measuring. There is no other way to do it because these homes do not have field sheets that reflect 80 years of remodeling and have ended up with 12,500 sqft of livable area.

Don't take it personally. When you are prevented from doing your work inform the lender and move on to the next assignment. Let them try close a deal with no appraisal. Refinance homeowners can be a treat when they have pre written their own appraisal, determined their own value, and cry "abuse" to the lender when they don't get what they need. Say very little to this type of homeowner, and never review previous appraisals prepared for previous deals. Use more than 3 comparables and rember these people can be totally despirate and will say or do anything to acheive their goals including personal assults on the appraiser. If things really do get totally out of hand - Walk Out, but never scream at the owner. and inform the lender post inspection.

Protect your self, protect your reputation for "these times are despirate for some." Don't get caught up in the frenzy. Be Professional

Best Wishes for Better Inspections,

Living Large in Detroit

J. Parker Graham
 

Jim McGrath

Junior Member
Joined
Jan 25, 2002
Professional Status
Certified Residential Appraiser
State
Florida

Had one today, a big rush of course. A 7200 SF house, sale of $1.2M. After about 30 minutes or so, the buyers agent comes over where I'm measuring the house, and asks how much longer I need. I tell him I'm almost done outside, probably need another 30-45 minutes.

Then a couple minutes later both of them come back and listing agent says she has to go, can't wait, has a meeting. I'll get in trouble (like a care). Tells me the "other appraiser only took 1/2 an hour, he was in and out". Now, I'm not the fastest guy I guess, and the house was pretty easy to measure for it's size. But to get the whole inspection done in 30 minutes on that size house, there's no way I can see anything other than a 1/2 a**ed job was done.

Anyway, she would not let me and the other agent stay, but locked up the house, and we all had to go back later in the day to finish. How professional.

Grrrrr. :x :evil:

Just venting. Can you say mental reject? :roll:
Lee, I can top that one. I had a $4,000,000 house on the Gulf of Mexico. When I tried to get access I could never reach the Realtor only her assistant. The assistant told me they didn't need appraisal as they had one already. I had to get the company to call them. Next time she said I didn't need to measure the house because they didn't measure, all I needed was the bedrooms and baths, and she was too busy to go down to the property. Another call to the company, called the assistant a third time, this time she said I would have to wait 10 days till she had time to go there. In the end the appraisal was cancelled because of the hassles.

And this was with a 7% commission, that's $250,000 in commission. And thats the service they give!!!

Jim McGrath
 

jtrotta

Senior Member
Joined
Jan 16, 2002
J McGrath;
It appears you never got into the dwelling :? Did it close :?: :?: and if it did and they got their $250,000 commission - they did one helluva job and thats Service with a capital "S" , as they made the deal happen.


the lighter side 8)
 
Joined
Jan 16, 2002
Only half of them are, the other half are sly as foxes. They are infamous for rushing off to meetings. I wonder what they learn at these meetings ?
Bet ya she'll be ready to spend the whole day at the closing.
 
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