363: What to Do When the Appraisal Comes In Low
About this episode
Alissa discusses strategies for handling low appraisals in real estate transactions, sharing case studies and insights on appraisal disputes.
Three low appraisals. Ten days. One Realtor who used to be an appraiser herself, with a dad and sister still in the field. If you've been hearing agents in your market say appraisals are coming in low right now, you're not imagining it. In this episode, Alissa walks us through three real, current transactions where the appraisal came in under contract price, and what she actually did about each one. From a $20,000 gap that took two hours of dispute writing to a $55,000 shortfall that made her question her entire career, this is a real look at what it takes to fight for your seller, or protect your buyer, when the number comes back low. We get into why appraisers are often behind the market, what actually goes into a strong appraisal dispute letter, why you should never let ChatGPT write the whole thing for you, and how to keep your sellers grounded without ever making promises you can't keep. Here's what we cover in this episode: Why appraisals are coming in low right now, and why appraisers are always a little behind the market Case Study #1: the $20,000 low appraisal that got resolved for a $13,000 gap Exactly how to start an appraisal dispute (and why you review before you…
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