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Updated about 3 years ago on . Most recent reply

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Joe S.
  • Investor
  • San Antonio
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Does List price affect the appraisal?

Joe S.
  • Investor
  • San Antonio
Posted

So if a House is listed on the MLS and an appraisal is ordered will the list price affect the appraisal in anyway? Another words will the appraiser look for reasons to justify an appraisal for the listed price within reason?

  • Joe S.
  • Most Popular Reply

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    Russell Brazil
    • Real Estate Agent
    • Washington, D.C.
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    Russell Brazil
    • Real Estate Agent
    • Washington, D.C.
    ModeratorReplied

    The appraiser starts with a copy of the contract. The #1 determining piece of data on deciding on what a property is value at, is looking right at the number that a buyer and seller have agreed to exchange the property for. 

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    District Invest Group
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