Charleston · Value
How does an agent handle a Daniel Island listing when my buyer's appraisal comes in below the contract price?
When a buyer's appraisal on a Daniel Island listing comes in below the contract price, the agent's first move is comparing the appraiser's chosen comps against true recent Daniel Island closings to see whether the report missed a relevant sale. If the appraisal holds, the buyer, seller and lender negotiate a lower price, a cash gap payment, or a release from the contract under the appraisal contingency. Brian Beatty manages that negotiation directly with the buyer's agent rather than leaving sellers to guess at their options.
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