Don't ever talk to the owner, as some of you may say.

[Surf Cat]

The homeowner is a market participant. Bottom line.

So if the borrower bought their property 10 years ago.... you ask them what they think their property is worth?

I don't know man..... that seems very unprofessional to me. But you do you.

 

[djd09]

p = physical
e = economical
g = governmental
s = socialism

 

[Zoe]

So if the borrower bought their property 10 years ago.... you ask them what they think their property is worth?

I don't know man..... that seems very unprofessional to me. But you do you.

Let me phrase it.

Okay after many other questions,

"what would you ask for your property if you were going to put it up for sale or on the market|" ?

 

[Zoe]

I look for motivations. MV definition don't just ask for motivations. MV definition requires it.

Example. I am selling to my brother or sister next door because they really want this house.

Okay, I understand I have these negative influences on my property and these positive motivations on what I would ask for my property. ??????

If I don't ask? That's me.

I am not a shy man.

 

[djd09]

isn't the 1st amendment awesome...

 

[Surf Cat]

Let me phrase it.

Okay after many other questions,

"what would you ask for your property if you were going to put it up for sale or on the market|" ?

If you were to ask me that at my house, I would state. "isn't that what I have you here for? Are you stating you don't know?"

Then I would put you in checkmate.... "Zillow says my home is worth $1.5 million..... that's what my value is going to be in your appraisal right?"

I'd omit that question if I were you dude.

 

[TC]

When I call to set up an appointment, I always ask the owner to write down any improvements they've made to the property in the last 5 to 10 years. It makes them feel like I care. One of my best clients from years ago would always back me up in situations like this. For instance, when a refinance didn’t turn out the way the owner wanted, they called the bank and said I showed up late and was only in the house for five minutes. The bank's response was that I always give a range of time for my appointments, that I spend more than five minutes at the property, and that they don’t want to risk any bad loans.

 

[J Grant]

When I call to set up an appointment, I always ask the owner to write down any improvements they've made to the property in the last 5 to 10 years. It makes them feel like I care. One of my best clients from years ago would always back me up in situations like this. For instance, when a refinance didn’t turn out the way the owner wanted, they called the bank and said I showed up late and was only in the house for five minutes. The bank's response was that I always give a range of time for my appointments, that I spend more than five minutes at the property, and that they don’t want to risk any bad loans.

The owner would not care if you spent five minutes if they got the value they wanted !

 

[ucbruin]

There have been times the point of contact complains about a prior appraiser....
I typically try to provide some type of non-confrontational defense of the prior appraiser....
Or at lease provide some type of possible explanation....

 

[Sadie]

I always leave a calling card of spit and vomit behind, and make sure not to flush if I use the bathroom ( kidding)

The above complaints are ridiculous, and I bet they went nowhere.
We are not real estate agents paid to win over and charm on people. On the other hand, brusque rudeness can count against us. I am polite but keep it professional (or try to). It is easy to slip into chattiness, but remember the legal adage- anything you say can be used against you...

One of my profs got a complaint because the HO didn't like his car.