Do Appraisal Rebuttals Work?

Most appraisers reject Zillow data outright due to its self-reported margin of error (about 9.1%). Successful rebuttals are exorcised of emotion and contain compelling and reasonable closed sale data. When they're done well, they can recalibrate the appraisal in your favor.

How successful are appraisal rebuttals?

The success rate of appraisal rebuttals is very low. However, if you find a comparable sales which is similar to your property, have the documents along with a letter of explanation to submit to the Appraisal Management Company (AMC).

Can you rebuttal an appraisal?

The key to successfully rebutting an appraisal is leaving emotions at the doorstep, Mr. Vargas said. A rebuttal needs to be limited to factual errors, flawed methodology by the appraiser and/or additional new or missed "comps," which are recently sold homes that are comparable to the home that is for sale.