Book or resource for supporting adjustments

[tsiegel]

I have a couple of trainees and have been training them the way that I learned and about the things that I know. However, it has been brought to my attention over the years that I don't know everything. I teach my trainees to support their adjustments the ways that I do and know how to, but I wanted to make sure they had as broad a base for this information as possible.

In short, I went out looking for a book on the subject of supporting your adjustments and came up way short. There doesn't seem to be anything in the AI publications that really meets this criteria (unless I just missed it). Also, there doesn't seem to be a class on the subject either. Seems like a rather big gap to me. Does anyone know of such a resource?

 

[BRCJR]

I have a couple of trainees and have been training them the way that I learned and about the things that I know. However, it has been brought to my attention over the years that I don't know everything. I teach my trainees to support their adjustments the ways that I do and know how to, but I wanted to make sure they had as broad a base for this information as possible.

In short, I went out looking for a book on the subject of supporting your adjustments and came up way short. There doesn't seem to be anything in the AI publications that really meets this criteria (unless I just missed it). Also, there doesn't seem to be a class on the subject either. Seems like a rather big gap to me. Does anyone know of such a resource?

Problem is the vast majority of those publications are based strictly on textbook examples.

They show a dwelling with a garage and without a garage, everything else being the same, to extract the garage adjustment.

Simple enough but, that is not real world, except maybe in large areas with the "cookie cutter" properties.

I am sure there are some good publications and good classes out there. They will be outliers, for sure.

 

[Elliott]

Unless you are Bert and roll your own, I'd suggest a place to start is:

Solomon Plus — Solomon Adjustment Calculator

www.solomonappraisal.com

Doesn't everyone have a 50-page workfile?

 

[ramrcdk]

I have a couple of trainees and have been training them the way that I learned and about the things that I know. However, it has been brought to my attention over the years that I don't know everything. I teach my trainees to support their adjustments the ways that I do and know how to, but I wanted to make sure they had as broad a base for this information as possible.

In short, I went out looking for a book on the subject of supporting your adjustments and came up way short. There doesn't seem to be anything in the AI publications that really meets this criteria (unless I just missed it). Also, there doesn't seem to be a class on the subject either. Seems like a rather big gap to me. Does anyone know of such a resource?

So, I'm de-hoarding Articles I found of intertest. Must have been very interested because I kept one from Tim Anderson & Rachel Massey. A 6 page thorough : " Supporting Market Condition Adjustments ". Exhibits include "Graphs" once finished would be useable for Future Applications.
Working RE Publication from 2015, First Quarter-ish prior April. (and remains current today).
Perhaps you have access to the Archives.

 

[tsiegel]

Unless you are Bert and roll your own, I'd suggest a place to start is:

Solomon Plus — Solomon Adjustment Calculator

www.solomonappraisal.com

Doesn't everyone have a 50-page workfile?

This seems interesting. Thanks. It looks like it is 100% based on depreciated cost. I was hoping for a more broad all-encompassing resource that talks about all the ways to support your adjustments. Not sure if this is it. I will have to take a closer look.

 

[tsiegel]

So, I'm de-hoarding Articles I found of intertest. Must have been very interested because I kept one from Tim Anderson & Rachel Massey. A 6 page thorough : " Supporting Market Condition Adjustments ". Exhibits include "Graphs" once finished would be useable for Future Applications.
Working RE Publication from 2015, First Quarter-ish prior April. (and remains current today).
Perhaps you have access to the Archives.

Thanks. I will take a look for that.

 

[Terrel L. Shields]

Ratterman's books on residential RE is a good source. He explains sensitivity. Sensitivity download below from a poster on this site years ago.
Drop box file you can download

Dropbox

www.dropbox.com

Supporting Market Conditions Adjustments

An appraiser's analyses of a market or submarket is only as complete as the data the appraiser analyzes. Generally, the more data the appraiser analyzes, the more thorough, complete, and market-based are the appraiser's opinions and conclusions.

www.workingre.com

Proving Appraisal Adjustments

When I began appraising, I asked my mentor what adjustments to use- he said, "Figure it out for yourself." So I did. Here's what I learned.

www.workingre.com

A Realtor view of adjustments (over an hour long video)-

Check George Dell's stuff

Home - George Dell, SRA, MAI, ASA, CRE %

George Dell, SRA, MAI, ASA, CRE. Contact Us Analogue Blog by George Dell. Free Weekly Blog Posts. Stats, Graphs, and Data Science Classes

georgedell.com

 

[tsiegel]

Ratterman's books on residential RE is a good source. He explains sensitivity. Sensitivity download below from a poster on this site years ago.
Drop box file you can download

Dropbox

www.dropbox.com

Supporting Market Conditions Adjustments

An appraiser's analyses of a market or submarket is only as complete as the data the appraiser analyzes. Generally, the more data the appraiser analyzes, the more thorough, complete, and market-based are the appraiser's opinions and conclusions.

www.workingre.com

Proving Appraisal Adjustments

When I began appraising, I asked my mentor what adjustments to use- he said, "Figure it out for yourself." So I did. Here's what I learned.

www.workingre.com

A Realtor view of adjustments (over an hour long video)-

Check George Dell's stuff

Home - George Dell, SRA, MAI, ASA, CRE %

George Dell, SRA, MAI, ASA, CRE. Contact Us Analogue Blog by George Dell. Free Weekly Blog Posts. Stats, Graphs, and Data Science Classes

georgedell.com

Thanks. I will take a look at those. I was hoping for something that was more in line with commercial valuation just because getting into income based adjustments seem important. Maybe this is a good place to start though. Thanks again!

 

[Long Walk]

Thanks. I will take a look at those. I was hoping for something that was more in line with commercial valuation just because getting into income based adjustments seem important. Maybe this is a good place to start though. Thanks again!

15th Ed. of TARE is likely your best resource. You already know the techniques and this will help your teaching. Then use TARE to work back into more involved technique in your classroom AI manuals (assuming you still have them). This is what I use and have found nothing better.

 

[tsiegel]

15th Ed. of TARE is likely your best resource. You already know the techniques and this will help your teaching. Then use TARE to work back into more involved technique in your classroom AI manuals (assuming you still have them). This is what I use and have found nothing better.

Yeah... I have gone down that road. I just don't think TARE gets all that detailed about HOW to do it. It is more about WHAT to do it seems.