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Frederick R. Ruffell

Senior Member
Joined
Jan 21, 2002
Professional Status
Certified General Appraiser
State
California
It is called "Data Master" and is only available in San Diego and Salt Lake currently, $75 a month unlimited downloads. works with ACI and other larger forms software vendors. What it does is allows me to put the MLS# in the comp grid for each comp and it then will go and get the data from the MLS and Public Records and then auto populates the Sales Grid. Where there is discrepancy between the MLS and Public Record data it defaults to the MLS data but gives you a report listing the discrepancy. So far is saving me 5 min. per Comp x 3 or 4 comps (up to 9) per report = 15 to 20 minutes saved per report. Multiply that out over the year and WOW a huge increase in productivity!!!!!

I just got word that my tablet PC (the one with the outdoor viewable screen is now available and less than $3,000 with all the goodies I want!!

I am either going to be making alot more $$ or doing alot more fishing and dune riding!!!!!!! :beer:
 

Tejus

Member
Joined
Nov 1, 2002
Professional Status
Certified Residential Appraiser
State
Texas
Frederick, I agree importation of the MLS data is a big advantage and have also been importing the MLS data directly into my appraisal sw. My appraisal package is built on Excel. Once the data is imported, you can do many interesting things, e.g. auto population of the forms, auto calculation of the adjustments, auto generation of the sales history, generation of a sales history graph (median sales price, days on market, etc), auto generation of comp MLS addendum complete with thumbnails, etc. The only limit is your imagination and the usefulness of your enhancements.

I'm currently going back and forth with the MLS staff to improve the MLS data quality and accessibility. I'm amazed at the number of local people using the MLS system/data who do not understand it.

My costs were a little elbow grease and time.

cheers.
 

Tejus

Member
Joined
Nov 1, 2002
Professional Status
Certified Residential Appraiser
State
Texas
Yes, I evaluated the currently available sw appraisal packages first, didn't find an acceptable fit for my requirements then implemented my own on Excel.
 

wyecoyote

Senior Member
Joined
Jan 15, 2002
Professional Status
Gvmt Agency, FNMA, HUD, VA etc.
State
Washington
Frederick,

Is there a web site for this service? Could you please post it if there is one.

Thanks,

Ryan
 

Frederick R. Ruffell

Senior Member
Joined
Jan 21, 2002
Professional Status
Certified General Appraiser
State
California
Ryan,
It is only currently available in San Diego and Salt Lake, and when I recently talked to the man who has developed this and I told him I mentioned it here on the forum he GROANED!!! (they get A LOT of calls) He does plan to expand coverage, but there is a problem with having to write different code for all the different MLS programs and forms software. If you really need to know send me a PM and I will divulge what I know. Oh, and by the way it is everything you can imagine it is, it ROCKS!!!! The way to get the most productivity out of this is to dump your 9 (currently 6 on the 2055 in ACI, soon to be 9 I hope) best comps into your report BEFORE you go out to do your inspection, of course you have your lap top or Tablet PC with you, and then make your "cuts" and adjustments in the field....etc.
 

Bill_FL

Senior Member
Joined
Aug 23, 2002
Professional Status
Certified General Appraiser
State
Florida
Alan,

Is this something you are willing to let others look at? Sounds interesting.

Would still ove to get a copy of Austin's spreadsheet.
 

Tejus

Member
Joined
Nov 1, 2002
Professional Status
Certified Residential Appraiser
State
Texas
Bill, What would you like to see? I've explained my activities in detail in an earlier thread, complete with examples. Some of my earlier comments/examples are out of date, but the concept is the same.

There's nothing magical about my activities. You identify your data source, map your data source to your appraisal domain, then import the data source into your appraisal package. The integration value depends on the data source contents and correctness. Every time you introduce a new data source you need to identify a new mapping from the data source to your appraisal domain.

My Excel appraisal package has been in beta test for several months. I would like to offer the Excel appraisal package as a commercial product, but I keep identifying and making productivity enhancements. Until the product stabilizes, I do not want to offer it commercially because I'll spend all my time on support rather than productivity enhancements.

Fred was right about the effort required to support multiple MLS platforms. That's why I chose Excel, it has some of the best data importing/exporting functionality available. I want to write as little code as possible and utilize the built in Excel functionality. This will reduce the costs and limit the bugs. Working well so far.

Another problem I encounter with MLS systems is they claim they are open architecture, but when you ask for their integration information they refuse to provide it. I'm currently working with my local board of realtors as they convert to a new MLS, I want to make every effort possible to ensure I have access to the data needed for appraisals. Amazingly, very few (if any) of the local realtors or appraisers are showing interest in the conversion details. They are missing out on a golden opportunity to improve their productivity by improving the MLS functionality.

cheers.
 

jim farrelly

Sophomore Member
Joined
May 8, 2002
Professional Status
Certified Residential Appraiser
State
Illinois
It is only currently available in San Diego and Salt Lake, and when I recently talked to the man who has developed this and I told him I mentioned it here on the forum he GROANED!!!

poor software developer. a completely untapped market with people willing to spend money.
 

Frederick R. Ruffell

Senior Member
Joined
Jan 21, 2002
Professional Status
Certified General Appraiser
State
California
Jim F,
Don't quote out of context, He only groaned because of all the calls they would receive ask for coverage that they currently cannot provide. Why can they not provide it?? Because all the different MLS boards across the country will not allow access to their code/programs and if they do the developers of DataMaster need to write a specific program for each. These guys are also running an Appraisal business full time.
 
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