5. The Appraisal

If ever there is a critical time, where the success or failure of your sale hangs in the balance, it is now. An experienced, respected agent can tip the scales in your favor, by demonstrating to the appraiser how your home was priced responsibly.

Who or what determines value is far from an exact science. While it is true that the bank appraiser and the *Realtor® pull from the same database to produce their independent value assessments, value, much like beauty, is in the eye of the beholder. We are the sum and substance of all our experiences, beliefs and predispositions.

The properties that we select in the interest of our seller clients to support a full price offer may (and sometimes do) vary from those selected by the appraiser assigned by the buyer’s lender. If your home does not appraise at the value needed by the buyer’s lender for approval, the difference could ultimately determine the potential for lost proceeds to you at the closing table.

Linda Manter holds a Certificate for the successful completion of the Division of Community Education Program in Concepts of Residential Appraising, completed in May of 1987 at NHTI. This additional Certificate, and her more than 30 years of real estate experience, make all the difference on the rare occasion an appraisal challenge occurs.

*the term REALTOR® has one, and only one, meaning:  REALTOR® is a federally registered collective membership mark which identifies a real estate professional who is a member of the National Association of REALTORS® and subscribes to its strict Code of Ethics.