Jonathan Miller talks about how real estate appraisers are impacting the flow of housing sales. He covers these main points:
- Sellers are generally a year behind the market
- The ranks of good appraisers were decimated by the mortgage boom
- Appraisers have long been the “punching bag” of blown deals
- Lack of data is a huge issue
Connie De Groot, who was the Beverly Hills real estate agent who is a regular on Fox Business News recommended that buyers get an appraisal when pricing their property for sale – or as Cavuto suggested, a “Swiss Appraiser.”
Metrowide Appraisals