Renee Borne
Junior Member
- Joined
- Jan 5, 2005
- Professional Status
- Licensed Appraiser
- State
- Arizona
I got a request to add a listing or a pending to support the value on my appraisal. Why would I do that? I used comps that closed 1 to 2 months ago. This market was not declining (exclusive neighborhood) since when do you support value with a listing or pending? I can list things at any price and find me listings to "fit" my value and pendings are in my book are just reliable as listings as most agents will not tell us the price it is pending at or the concessions that will be paid. (I had one agent acuse me of being an interested buyer and wanting that info to bid lower, people are paranoid out there) Am I crazy? or is it a form filler used to seeing pending and listings.
Thanks
Thanks