Unsupported Contract Price
It does not happen often, but occasionally I am unable to support the contract price for an appraisal for lending purposes.
When I am unable to support the contract price with data, I contact the listing agent and request the sales used to price the property. Perhaps something did not show up in my search for comparable sales. Perhaps the agent knew of a sale that was not in MLS or a listing had a data entry error resulting in it not showing up on the search.
I welcome agents sharing the sales used to price their listings. Typically, we are using the same sales, but if the agent has some, I did not originally consider, I will consider them.
I can’t speak for all appraisers, but not supporting the contract price brings no joy and takes longer to complete the appraisal.