May 22, 2018
Your home is newly listed. You have worked hard to make it show-ready in a hot buyers’ market. Buyers and their agents are scheduling showings at a rapid pace and, as expected, multiple offers come in. With the help of your listing agent, you compare offers and select the most qualified buyer(s) with the highest price. Ready to go to the closing table, right? Not so fast! Well-represented buyers are going to do their own due diligence and request a property appraisal. Bottom line, your home needs to meet or beat the agreed-upon selling price of the property.