A MultiFamily Question on Adjustments

[PropertyEconomics]

Let me make it simple for you-

If you truly don't have any sales good enough to develop a credible sca then do one of two things- a) fess up to it and tell your clients that you were unable to develop a credible sca due to lack of data or b) do a less reliable sca and explain in your reconciliation that the income approach is the most reliable.
But stop the sham of doing two income approaches and calling one of them a sca!!!

My sales are just fine .. I will tell you what ... why dont you explain how you do it. Enlighten us oh talented one.

 

[SANDY]

Unbelievable-somehow we did get off on a tangent that you didn't have good sales. So if you are saying that you had good sales to use it's even worse that you did not apply any of the other sca methods besides your grm. Grossly misleading and kudos to the underwriter for catching it and insisting that you do it right.

 

[PropertyEconomics]

Unbelievable-somehow we did get off on a tangent that you didn't have good sales. So if you are saying that you had good sales to use it's even worse that you did not apply any of the other sca methods besides your grm. Grossly misleading and kudos to the underwriter for catching it and insisting that you do it right.

Please dont misquote anything that happend for you have no idea about anything. YOur posts are truly showing your ignorance ... stop now please ....

 

[SANDY]

Which is it-did you have sufficient sales data or not?

Just because you post a statement does not make it true-defend yourself!!

 

[SANDY]

How are you going to get around the fact that unless you had perfect data to construct your grm, your income capitalization method had some flaws to it. Then you used the same data to develop your sca instead of using one of the alternative methods as part of the sca. The purpose of using the different approaches is to develop alternative value conclusions based upon different methods and then reconcile them. Otherwise there would not be 3 different approaches to value-there would just be one called the "cosmarkinc" approach!

This is like shootin ducks in a barrel.

 

[PropertyEconomics]

I found out how to ignore a memeber ... Sandy is in permanent exile for me ... more of you should try it .. its bliss. Truly bliss I tell you.

 

[CANative]

No need to put Sandy on ignore. She's actually kind of entertaining. She's on the verge of understanding but can't quite get over the Fannie hump. I remember being there.

 

[SANDY]

No need to put Sandy on ignore. She's actually kind of entertaining. She's on the verge of understanding but can't quite get over the Fannie hump. I remember being there.

Another extra-ordinary assumption!!!

 

[PropertyEconomics]

No need to put Sandy on ignore. She's actually kind of entertaining. She's on the verge of understanding but can't quite get over the Fannie hump. I remember being there.

Greg ... Thank God for your patience. When someone questions my abilities without even knowing me .... well then ... I think they are nothing more than ignorant. I dont think there are enough posts to make Sandy get anything. Perhaps a product of another uninformed mentor that hasnt a clue of what they turn out .. but would most probably defend it anyway. Is there any wonder our business is in the condition it is in ... given the number of "them" out there.

 

[SANDY]

Ditto for you too Property-Who was your mentor-Didn't teach you the difference between the different approaches to value. Hope you don't get caught.