Appraisals 101: 3 tips to know

Eric Wong
Jul 25, 2022

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3 things to know about the (often mysterious) appraisal process:

- Appraisals are still done by human beings, subject to their opinions and biases.
- If you’re a buyer with an appraisal shortfall, there are strategies to manage that risk before you write an offer and during escrow.
- As a seller, you also need to have a plan to mitigate appraisal risks, and vetting buyers during negotiations sets you up for success.

Let’s talk and identify strategies that could help you!

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Eric Wong
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Real Estate Agent in the East Bay (Bay Area), a former Senior Product Manager and Sales Engineer in tech. Born and raised in Hawaii.