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CB Residential Sales Re/Max 99 Northfield Ave, West Orange, NJ, 07052, US
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Re/Max

99 Northfield Ave, West Orange, NJ, 07052, US
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Re/Max - Unfair pricing and possible collusion with appraiser

Beginning in July 2020 I listed my home with Re/Max Solutions through the office RE/MAX Solutions
99 Northfield Ave. Suite 8
West Orange, NJ 07052

The listing agent is Otis Baker. I requested that the property be listed at $320, 000 although the listing agent attempted to have me list the property at below $250, 000. I received an offer immediately at the full listing price of $320, 000. That offer did fall through and the agent for my property attempted once again to have me drop my listing price to below $250, 000. I refused and received an offer of $239, 000, which I turned down. On the heels of that second offer I received and accepted an offer of $295, 000. Fast forward to this past week and a very suspicious appraisal for my property was given at, you guessed it, $240, 000. My property was renovated recently with all proper permitting in place, new roof and updated electrical. The appraisal, suspiciously similar to the listing price the agent wanted me to accept, is not even comparable to the average comps in my neighborhood. Because this suspicious appraisal did not match the offer I accepted of $295, 000, I was given the choice to either drop my home's price to $240, 000 or lose the sale. I believe this deserves an investigation. When Re/Max is supporting below average appraisals for homes that are clearly worth more you have to wonder what is going on. Re/Max has wasted my time, energy and money as I will be forced to remove my home from the market. I am going to file complaints and request an investigation into Re/Max with consumer affairs. I believe Re/Maxx is working illegally with appraisers from the same area.

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