As a real estate agent, there’s nothing more frustrating than seeing a deal fall apart because of a low appraisal. Appraisal gaps are a common problem, especially in competitive markets where buyers stretch their budgets and offer over list price. But what if you could eliminate appraisal issues altogether?
In this training post, we’re diving into how the EZ Real Estate Platform equips agents to prevent appraisal-related roadblocks. This method not only ensures smooth transactions but also positions you as the go-to expert for transparency and results in your market.
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If you’re a student and want to enroll in live training, contact us at support@ezrealestateplatform.com
What Causes Appraisal Gaps?
An appraisal gap occurs when the appraised value of a property comes in lower than the purchase price. This difference can derail deals, especially when buyers don’t have the cash to cover the gap or sellers aren’t willing to renegotiate.
Here’s where EZ’s training shines: you’ll learn to avoid these pitfalls by working smarter with pricing strategies and buyer engagement.
5 Ways Agents Can Prevent Appraisal Issues
- Price It Right from the Start
Set a price that gets buyers excited and brings in competitive offers. The right pricing strategy keeps appraisals in line with what the market is willing to pay. - Stick to Pre-Qualified Buyers
Only work with buyers who are financially ready. Requiring pre-approvals or proof of funds upfront helps avoid surprises with appraisals or financing. - Always Have Backup Offers
Don’t rely on just one buyer. Secure backup offers so if one deal hits a snag, you’ve got others ready to step in. - Coach Buyers on Clean Offers
Teach buyers to come in strong with clean offers—no unnecessary contingencies. This makes your deals more solid and easier to close. - Use Transparency to Drive Offers Up
Show buyers the competition. A transparent process motivates them to bid higher, often avoiding appraisal issues altogether.
Ready to Learn More?
Take control of your transactions and avoid appraisal pitfalls with EZ Real Estate Platforms ongoing coaching and training.
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