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Appraisal data entry services

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Non Sequitur said:
Here's what I can't get my head around.

You download the tax card and MLS sheets for them to type in the basic info for the subject and comps. O.K., maybe it's me but I can type in that stuff into a report in no time and don't see where it would save any amount of time. What I don't get is what else are they typing? If they are typing your market analysis, reconciliation, etc. how are they getting it? If you typed it once to send to them why not just drop it in the report?
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Have you ever had an assistant? I have, and there is a benefit. "Roughing" the top of page one based on available public data and the bottom of page 1 and the SCA based on my notes and comps in the grid based on MLS was an immense time saver. It's almost like asking how can a runner save me by having them take comp pictures etc? I can only be in one place at one time, and I can't type and drive. At least having a typist's help is ethical versus using runners, at least IMHO. That said, currently I am the chief appraiser, review appraiser, typist, and head bottle washer. If my business holds up, I will be looking for a sexretary at the local breastaurant.:icon_lol:
 
Mr Rex said:
Have you ever had an assistant? I have, and there is a benefit. "Roughing" the top of page one based on available public data and the bottom of page 1 and the SCA based on my notes and comps in the grid based on MLS was an immense time saver. It's almost like asking how can a runner save me by having them take comp pictures etc? I can only be in one place at one time, and I can't type and drive. At least having a typist's help is ethical versus using runners, at least IMHO. That said, currently I am the chief appraiser, review appraiser, typist, and head bottle washer. If my business holds up, I will be looking for a sexretary at the local breastaurant.:icon_lol:
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It's one thing to have an assistant who can look at an order, pull all of the info on their own and then fill in the basic info. It's a very different matter when you have to pull all of the info, send it out, wait for it to come back and then proof read it.

As far as the runners, I agree. IMO that's the one thing which should bring the most savings in time but for the most part is a no-no in residential work.
 
Most of the services I have seen pull their own data. Several wanted back door entry to the MLS system. I had a sinking feeling that they may go rogue, and use my MLS access for their own gain:new_smile-l: The local MLS system considers giving out passwords a death penalty offense. I can't disagree.
 
I have an assistant. I hate the data entry in residential reporting. I wold rather sit by the pool or go to the tavern than type for two hours. I pull the comps, and make a folder for her. The inspection photos are on a memory card in the folder. She is an assistant and therefore has her own MLS access at no charge to me (or her). Her job includes:

-Entering comps into the grid.
-Look up zoning and taxes.
-Enter photos of subject, comps and interiors of comps.
-Fill in all the client data, subject data and comp data.
-Print assessor records.
-Compare assessor records to MLS. Make notes of differences.
-Enter contract data when applicable.
-Insert flood map and data.
-Pull Aerial photos (2) for the subject, one close-up of neighborhood, one of extended neighborhood.
-Delete information not pertinent to current assignment.
-I also have a summary area for all comps which includes original list price, final list price, list price/sale price ratio, DOM, last sale date and % increase or decrease, school district, etc.
-Etc.

She does the work at home and sends me the word document (addenda) and the ala mode zap file. It is extra income for a single mom of two, and less work for me.
 
Michigan CG said:
I have an assistant. I hate the data entry in residential reporting. I wold rather sit by the pool or go to the tavern than type for two hours. I pull the comps, and make a folder for her. The inspection photos are on a memory card in the folder. She is an assistant and therefore has her own MLS access at no charge to me (or her). Her job includes:

-Entering comps into the grid.
-Look up zoning and taxes.
-Enter photos of subject, comps and interiors of comps.
-Fill in all the client data, subject data and comp data.
-Print assessor records.
-Compare assessor records to MLS. Make notes of differences.
-Enter contract data when applicable.
-Insert flood map and data.
-Pull Aerial photos (2) for the subject, one close-up of neighborhood, one of extended neighborhood.
-Delete information not pertinent to current assignment.
-I also have a summary area for all comps which includes original list price, final list price, list price/sale price ratio, DOM, last sale date and % increase or decrease, school district, etc.
-Etc.

She does the work at home and sends me the word document (addenda) and the ala mode zap file. It is extra income for a single mom of two, and less work for me.
Click to expand...

My wife does all this and then some more. Don't forget about scheduling appointments... It makes sense to have an assistant non-appraiser for all the duties not involving valuation. A well trained assistant can triple your potential income.
 
How do you pronounce 'Rajhajidameshiak'?
 
Doesn't alamode import info from MLS into a comps database?
 
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