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Well, yeah. Does anyone need an appraiser to tell them how much the house is worth? Don't you look at what is available and negotiate the price accordingly?
by hnal943 10y ago
Well, yeah. Does anyone need an appraiser to tell them how much the house is worth? Don't you look at what is available and negotiate the price accordingly?
- ensignavenger 10y agoBanks are the biggest customers of appraisers. In most cases, they require an appraisal before they will lend on a property. As far as what you say- negotiating- yes, most buyers don't get appraisals done as part of the negotiating process. Some buyers do, however, get an appraisal to give them an idea what to ask for. Especially if their home is especially unique (and many people think their home is special, even when it isn't... but that is a whole 'nother ball of wax! :)