I wasn’t trying to imply you didn’t know what you or your broker were doing and if it seems like I was then I apologize. My question was limited to trying to ascertain the reasonableness of the appraisal. We don’t often get to verify reasonableness of an appraisal with a subsequent and unrelated sale on the same property. It’s an appraisal geek line of inquiry, and I’m making it because I’m a geek.
Anyways, with a bidding war there was obviously a supply/demand inbalance in that equation somewhere. Was your final price was in excess of your listing price?
Edit: At the time of the appraisal did you or your broker know that the shopping center was coming to town?
