Become A Home Measurement Specialist

[Tom4value]

Read all the comments here but none addressed the first question that popped out at me when I read the post.......why do we need the class?

For residential appraising, why do we need a sketch and why do we need to know the GLA? Because that is an important aspect as to how a buyer and seller come up with a sales price, therefore, how we come up with a value. So to break it down, if you think about it, we don’t need to know more than a typical buyer and seller. We just need to have a uniform way of measuring so if there is a discrepancy (with buyer, seller or public records) we can defend our work.

Of course, more accurate measurements are needed for the cost approach but since we generally use the Marshall &Swift cost handbook, our expertise should be enough.

Am I missing something here?

 

[NC Appraising]

So to break it down, if you think about it, we don’t need to know more than a typical buyer and seller.

Am I missing something here?

"which came first, the chicken or the egg?"......... "which came first, the measurement or the value? If you said measurement, you win!!! Now the value can be set by the market. And who is doing the measurements? 5' knee walls in bonus rooms, below grade GLA? Count the stairs, fire place bump-out? Typical buyers know this?


In my area, we have the yellow book and ANSI. Both are pretty much the same. Appraisers and agents should know more than the typical buyer and seller.

One county does not round. Another county rounds to the nearest foot. Both use ANSI. Most builders use ANSI.....

Appraisers in my market round to the nearest 10th and most use the yellow book or ANSI.
PS: All you Northern Appraisers that are moving down hear.....STOP rounding to the nearest foot. Get some competency for the area that you work in.

 

[Carnivore]

I never said getting into a business is easy or for that matter staying in business. It all takes work and the desire to succeed. You must have something other people want and are willing to pay for. While you are trying to start and then run your new venture you need adequate funds to make it thru the times you don't have income. You also have to be willing to take the risk of failing and maybe lose everything.

I may have made it sound to easy...some of you have made it sound impossible.

Geeez, you could use measuring as an additional revenue stream. Few weeks ago people were whining about it being slow for appraisal work. Did you sit around staring at the proverbial fax machine?

Good Grief..

 

[TC]

"
.
PS: All you Northern Appraisers that are moving down hear.....STOP rounding to the nearest foot. Get some competency for the area that you work in.

Got any stats on that? Don't know anyone I worked with that did that, up here in the North.

 

[TC]

I've got one agent lined up that wants me to take the photos and provide a floor plan sketch. Gonna start with her and see how things go. Not divorced, but, being an appraiser, I have no life.

 

[Mike Kennedy]

a friend spotted this recruitment advertisement on Craig's List ..............asked me what I thought ...........

1. NOT an endorsement or opinion on the company or that business

2. posted for info only

3. anyone with any experience with that firm - feel free to comment here or private msg.

Thanks.

https://hudsonvalley.craigslist.org/rej/6528360139.html

 

[Amy Perkins]

Is this really what it's come to?

 

[Tim The Enchanter]

Millennium Information Services is growing nationwide!

We're bad, we're nationwide. You don't even have to be ZZ Top to say it.

Disclaimer, I did not read their stuff.

 

[Amy Perkins]

Sounds like a real "mill"

 

[Carnivore]

Well there ya go... Instead of you marketing to local realtors all they have to do is call this outfit whenever they need an inspection/photo's. So its probably one person on a national level who has Clients already.

If this person skims 20% of the fee and gets about 1,000 of these every month. Hmmm 1000x $100 = $100,000 x20% = $20,000 per month.gross

Probably doing all this from his/her Iphone 10 in Silicon Valley or maybe from a cruise ship in the Caribbean.

Simple internet portal is all you need on a national level. Sends request to you and you upload thru the portal you assignment results.

Plus he don't need no stinkin training, no license(fees), no CE, No USPAP, no nuthin

Just wait...AMC's are always looking for a new revenue stream

The horse is already out of the barn