The Home Appraisal – The Things You Should Know

The Home Appraisal – The Things You Should Know

From Real Estate Right Now by Jay Izso

October 24, 2025 · 1h 0m

About this episode

The episode discusses the importance of home appraisals in real estate transactions and features insights from expert appraiser Everett “Vic” Knight.

When you’re buying or selling a home, one number can make or break the deal — the appraisal . On this week’s Real Estate Right Now , I’m joined by Everett “Vic” Knight , one of North Carolina’s most respected appraisers and former Chair of the NC Real Estate Commission. With decades of experience in real estate and property valuation, Vic brings the inside scoop on how appraisals really work and what every buyer and seller needs to know right now. Here’s the first thing most people don’t realize: the appraiser doesn’t work for you — they work for the lender . Their job is to make sure the home is worth what the bank is lending, not necessarily what you think it’s worth. And with today’s tight schedules, appraisers often have only a short window to visit your property, review comps, and submit the report. That means preparation matters more than ever — clean, accessible, well-documented homes make a stronger impression and often smoother reports. We’ll also talk about what’s changed in how appraisers measure and value homes. Ever wondered why your finished basement or bonus room doesn’t seem to “count” like the rest of the house? Vic will explain the current standards that…

People in this episode

Host: Jay Izso

Guest: Everett “Vic” Knight

Topics covered

  • home appraisal
  • real estate
  • property valuation
  • buying a home
  • selling a home
  • appraisal standards

Keywords

  • appraisal
  • real estate
  • home buying
  • home selling
  • property valuation
  • living space
  • appraisal standards

Mentioned in this episode

Organizations: NC Real Estate Commission

Places: North Carolina

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