Agent Entrepreneurs Dec 2015 | Page 11

ask aBroker contact me in order to get access to the house. Rather than just giving them access to the lockbox I will say, ?I will meet you there at 3 PM." I will let them know a little bit about the property as I am letting them in the front door: yeah, it's a great house, we've got a ton of activity, multiple offers. Whatever the case, I tell a little story about it. Let them know that if they have questions about any of the improvements around the house I can get them a list of the recent improvements. M [email protected] Again, if they are going to justify a higher price for this house they need that evidence from the sellers or from the property so that they can include it in their report. So if the sellers have done a lot of recent improvements, you need to get that information from your sellers and provide that to the appraiser. sendYour Questionsto This quest ion comes f rom Jol ynn. She is asking about appraisal s. Specifically, she's got a listing that?s listed at the top of the market, meaning that she looked at the comps and this house is significantly nicer than other ones that are selling nearby, and therefore it's priced higher than other houses in the neighborhood. She actually got an offer on this place and not only is it a good offer but it is above asking price because the buyer wanted the seller to include closing costs. So, for example, it's listed at $200,000, maybe comes in at $205,000 and they wanted the seller to pay $5000 closing costs. Here are a couple of things to consider when you get this type of offer. Number one ? you want to get more details from the buyer's lender. If they are asking for 5, 6, 7, 8 grand above asking price to cover closing costs, make sure that there is ac GV