Low appraisal: options and scripts

A free negotiation & closing prompt for real estate agents. Copy it, or fill in the blanks first, then paste it into ChatGPT or Claude.

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Your prompt

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The appraisal came in at $[APPRAISED VALUE], which is $[GAP AMOUNT] below the contract price of $[CONTRACT PRICE]. I represent the [BUYER / SELLER]. Loan type: [CONVENTIONAL / FHA / VA / OTHER]. Appraisal contingency terms and deadline: [TERMS AND DATE]. Comps the appraiser used vs. comps I have: [PASTE BOTH].

Generate:
1. The main options (buyer covers the gap, seller reduces price, split the difference, request a reconsideration of value, walk away) and when each fits
2. The risks of each for my client
3. A script for the conversation with my client
4. A script for the agent-to-agent conversation
5. Creative solutions agents often miss

This is a draft only. I'll confirm contract rights with my broker or an attorney and loan-specific rules with the lender.

AI output is a draft. Read every word before a client does.

When to use it

The appraisal just came in below the contract price and both sides are waiting on you.

Tip for a better answer

Compare the appraiser's comps with yours line by line; if yours are stronger, ask the AI to draft a reconsideration of value request for the lender.

How to push the first draft further

Templates for your next appointment

Editable seller and buyer guides with matching presentations, from our Etsy shop.

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