And here we go with Revisions requested on Time Adjustments

[mayflower]

To OG80 - It speaks well of you to try so hard to find compliance and justification. I think all of the elders out here appreciate that you've done what so many should - ask for advice...

Regardless of the tone, there is a ton of wisdom in this blog that is based on reality, not some program nor the talking heads who pretend they understand more about analysis and valuation than the appraiser who has inspected and reviewed the applicable market information.

In rural areas with limited data, you really need to use macro data of a larger swath rather than a smaller set of boundaries. Going past 12 months becomes irrelevant as well, unless your comparable sales require a longer timeframe than 1 year (which has happened historically, but not in a minute.)

Just take a very deep breath, and rethink what you are trying to achieve. This really isn't about a trend from 2+ years, as that's irrelevant. This is about what's real in the timeframe of your sale activity which is likely limited to 12 months. Broaden your search and, if necessary, eliminate the outliers. Say and support what you know - It's also okay to say what you can't know.

From what I have read so far on this string. This is the only response that comes close to being helpful to the OP. Every other post has been condescending without stating exactly what they would've done to solve the problem. Better still, just say "this is what I did the last report I submitted". We're supposed to be helping each other, and setting standard of (what every other appraiser(s) would have done) for those who use appraisal services.

Instead of being intellectuals we're busy bashing the OP for seeking direction/clarification. No wonder underwriters think and act as though they're supervisors of appraisers. Where I have no helpful contribution, especially in very important cases like the one at bar, I stay out of it, and let the wiser folks educate me while I drink in all the knowledge they are sharing. This string, like most strings I've read the past 21 years has been about putting down the OP without offering helpful direction to solve the problem.

It takes a truly wise person to know what they don't know. It takes a giant amongst intellectuals to come out and admit they don't know. These are the most revered professionals. For they become percussors of enduring life changing intellectual innovations. I sure wish someone would tell us, straight, how they would solve the problem, devoid the arrogance.