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The Appraisal Process & Getting the Most Value Out of Your Home with Ryan Riveras
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Are you refinancing or selling your home? We’re sitting down with Ryan Riveras of AMC to talk about all things home appraisals! From walking through the appraisal process to giving insider tips for preparing your home for appraisal, there is something in this episode for agents and homeowners alike. Tune in for ways to best approach communicating with your appraiser, and what research and information will help you get the most value out of your home!
01:15 What is AMC?
04:20 How to talk to an appraiser.
08:00 What’s the difference between a Closed sale vs Comps?
11:50 How do you handle multiple appraisals that have a big gap in value between them?
15:00 What’s the best way for a new realtor to get comps?
17:00 How do flash appraisals work?
19:15 If the market is crazy, are there adjustments made to consider the rise in the market?
21:30 Are appraisals different for a purchase vs a refinance?
25:00 When is the best time to sell or refinance?
27:15 Three updates that will have the biggest impact on your home value!
30:00 How accurate is Zillow at estimating home value?
33:20 What documentation should agents provide appraisers?
36:15 What can I do to prepare my home for the appraiser when refinancing?
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