Appraisers Make Mistakes - Soapbox Appraisal Blog

Jonathan J. Miller of the Soapbox appraisal blog has also seen the recent Realtor Magazine Online article Oh No! It's Low! I love this comment from his post:

"A wise appraiser once told me: Everyone in the sales transaction is smarter than the appraiser because they already know the number. The real estate listing broker and selling broker, the mortgage broker, the lender and of course the buyer and seller all know the number. The appraiser is the last one to the party."

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