Phelan Van Deren is a Licensed Oregon Real Estate Broker who started as an appraiser three years ago. He shares a ton of insights into the appraisal world for real estate agents. Now he’s taking those skills into his career as a real estate agent. Hear about his time in appraisals and what he wished he would have done before he got his license.
00:40 – Phelan’s start in appraising
04:20 – Difference in Conventional/VA/FHA appraisals
06:24 – Things that stand out in FHA appraisals
09:00 – His take on agents attending the appraisals
12:30 – Phelan critiques my method to meet appraisals at a listing
15:45 – Why do appraisals come in $1000 short?
20:30 – Why that kitchen remodel doesn’t increase equity the way people expect
21:00 – Agents raising list price AFTER they go into contract doesn’t trick anyone
22:20 – Showing the multiple offers to the appraiser
24:10 – Agents need to answer appraiser follow-up questions
27:10 – Why the jump to real estate?
29:45 – Where does the word “sales” come from?
33:30 – Biggest surprise in becoming a real estate agent
38:30 – The main reason people become agents
40:00 – How he wishes he would have started real estate
45:00 – Is it different looking at homes as an agent vs as an appraiser?
Find Phelan on Instagram at @phelanv_pdx or email him [email protected]
