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rayenxh

Influencing valuation report

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Hi guys,

There is a 4A #09 unit that I’m interested and seller is asking $460. From HDB resale website, I found that past 3 transactions(#01 to 03,#04 to 06,#07 to 09) from Aug 15 to May 16 are within 398k to 410k range. I tried to get my buyer agent to offer 410k to the seller agent however his replied was too low as the last rejected was 440k. I specifically told my agent(buyer) that I do not wish there is COV(less than 10k for worst case scenario) therefore he advise me to offer 445k first. If agreed and accepted by the seller, my buyer agent confidently told me that he could “influence” the valuation report so that it will be closer to my offered price 445k hence 0 cov or a few thousand difference lower.

My question is can my buyer agent/anyone influence the valuer while he/she is conducting a valuation on the flat or when submitting the valuation request/application?

Thanks

 

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