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Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

We have not - but - we have countered that the Buyer would need to agree to come up with the extra cash if it didn't appraise!!

Nov 02, 2017 06:05 AM
Rainmaker
533,500
Robert May
Robert W May - Lethbridge Real Estate - Lethbridge, AB
Real estate consulting

just checking out some of the older questions and answers here at Activerain,i have never had this situation before

May 10, 2016 03:06 PM
Rainmaker
935,557
Bruce Walter
Keller Williams Realty Lafayette/West Lafayette, Indiana - West Lafayette, IN

Yes we did that on a transaction last winter where we countered back at a lower price of $3,000, and  eliminated the $3,000 in seller paid closing costs for the buyer.

May 05, 2015 11:39 PM
Ambassador
2,157,428
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

No, I'd the appraisal comes in lower, sellers can still agree to the lower price.

May 05, 2015 11:44 AM
Rainmaker
1,657,986
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

No.  

May 05, 2015 06:00 AM
Rainmaker
5,583,167
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

no.... the price can always be adjusted downward.....one never knows what the appraisers thoughts might be....not an exact science as you well know.... why not roll the dice and see what happens....

May 05, 2015 05:50 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

No, I've never done this.  Though I have alerted both sellers and buyers of this possibility.

May 05, 2015 05:44 AM
Rainmaker
175,614
Spirit Messingham
Tierra Antigua Realty - Tucson, AZ
Third Generation Full-Time Realtor® 520 471-6900

I write a counter if that is what the clients I represent want to do, I make a point of telling the other side when I have apprasial concerns, when it suits my clients best interests.

May 05, 2015 04:52 AM
Rainmaker
443,220
Cindy Davis
SD Home Source Realty - San Diego, CA

I just di that yesterday. Buyer wanted the property and overbid...I knew it would appraise.

May 05, 2015 04:41 AM
Rainer
61,641
Renee Paray
Coldwell Banker Realty - Blue Bell, PA
REALTOR

Originally yes, however, the after the counter offer an explanation was given to provide information on why two local homes sold for well below market value. Additionally, the home I sold had many more upgrades than the other two homes. The home did appraise for the selling price. 

May 05, 2015 04:38 AM