Take 5: Clay Ketcham

Real estate agents — and their clients — can become frustrated when a property doesn't get the expected appraisal. Here's how real estate professionals can avoid common mistakes in the appraisal process — and eliminate surprises.

Appraisers’ roles have evolved, particularly since Dodd-Frank. Agents also must be advocates for the transaction so that a credible appraisal can be performed. Agents can help by preparing an appraisal package. Include MLS and tax roll information, photos and unique aspects about the property. Work together to anticipate and prevent problems during the process. 

How can you best prepare for a property appraisal? First, realize the process is a two-way street. You can work with the appraiser, and you can also use other resources to help you if questions arise. Watch the video for more details.