Hi all,
I've been contacted by a potential buyer via e-mail, and after quoting my price, received a request that I should do an expert non-automated appraisal and send the result to the potential buyer.
He will then buy at 10-15% discount from the appraised value.
I'm supposed to use one of "reputable" appraisal companies mentioned in this thread:
http://**********.ourplace.com/Archive/681294.htm
The thread looks fishy to me, but I don't see any other risk that losing money on appraisal.
Is this an acceptable business practice in the industry or is this a scam?
If a scam - then what's the catch?
Thanks in advance, would really appreciate insider advice.
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I've been contacted by a potential buyer via e-mail, and after quoting my price, received a request that I should do an expert non-automated appraisal and send the result to the potential buyer.
He will then buy at 10-15% discount from the appraised value.
I'm supposed to use one of "reputable" appraisal companies mentioned in this thread:
http://**********.ourplace.com/Archive/681294.htm
The thread looks fishy to me, but I don't see any other risk that losing money on appraisal.
Is this an acceptable business practice in the industry or is this a scam?
If a scam - then what's the catch?
Thanks in advance, would really appreciate insider advice.
</pre>