Every week, we ask a real estate professional for their Short List, a collection of tips and recommendations on an essential topic in real estate. This week, we talked with Gary Bisha, the broker/owner of My Castle Realty in Houston.
5. Set realistic expectations for your seller. They should be aware that the contract ultimately is dependent upon the home meeting appraisal.
4. The house should be spotless and the yard maintained. The appraisal is objective, however appraisers are susceptible to first impressions also.
3. Know your market. An in depth CMA and/or appraisal is a good start. However you typically know more about what’s happening in the neighborhood that the appraiser. Trends/New construction etc. Share that info with the appraiser
2. Ask your buyer to prepare an appraisal package. This package may include any additions or upgrades they have made to the home. Include receipts if possible
1. If you are in a position with multiple offers, don’t be bashful to share that info with the appraiser
The My Castle Team has been in the Top 10 list for closed transactions 2007 through 2012, per the Houston Business Journal. Offering Flat Fee MLS and Traditional Full Service Listings, The My Castle Team is also the recipient of The Texas Monthly Magazine “Five Star” Award for 2010, 2011 and 2012 recognizing Texas’s top 7 percent of agent’s for results, as well as customer satisfaction.