What is an Appraisal Packet

We have reviewed an appraisal. An appraiser. Appraisal waivers. But do you know what an appraisal packet is?

An appraisal packet is what we (agents) provide to appraisers before they visit the property. Many times an appraisal packet will include:

-Off Market comparables

-Comparables we want the appraiser to consider that they normally perhaps wouldn’t

-An upgrade list (ages of systems and added features that provide value)

-Offer recap (in a high demand market it is important for the appraiser to see how much demand was for a home)

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