ComplaintsforDennis L Lopez & Associates LLC
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Complaint Details
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Initial Complaint
09/05/2022
- Complaint Type:
- Service or Repair Issues
- Status:
- Unanswered
Mr. ********************** appraised my parents home in Clearwater Hills last year (my father died and my mother lives in a nursing home). Mr. ********************** substantially under-appraised the property. His appraisal, which he performed immediately before listing the property, was $800,000 below the selling price and $1M+ below the fair market value of the property.. In other words, he under-appraised the house by at least 33% and more likely around 50%, which is totally unacceptable. He clearly does not understand the market and should have made that clear upfront. Mr. ********************** was fully aware of the fact that a *** had been performed by too agents at ***************** Realty with expertise in the Clearwater Hills market and they valued the property at $3.45M. During the period between the *** and Mr. **********************s appraisal, the market in ***************/Clearwater Hills increased by approximately 30% (I am referring to the first 9 months of 2021), which would mean the *** at time of sale was almost twice as much as his appraised value.
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Customer Complaints Summary
1 total complaints in the last 3 years.
0 complaints closed in the last 12 months.