- Apr 26, 2003
- Professional Status
- Certified Residential Appraiser
Lol to that, no offense. That calculation is assuming you could easily fill that extra 100 hrs per year with paying work and that working is your only motivation. It would get maddening doing the same type of math trying to save a few minutes here(shopping, driving, housecleaning, gym routine, etc) and there and than calculating your yearly totals of how much time you could save if you just did this or that. Sounds constricting to me. I recently did some math and I spend 80 hours a year taking my son back and forth to school. Would I like that 2 weeks back and fill it with work? Not really, dad duty is more fulfilling than an extra two weeks of pay(though I hate getting up early for his school, semi defeats the point of being self employed).I like the inspection sheet you have created there with the graph paper, good Idea, I may steal it...LOL I just use legal sized computer paper with the top half of the improvements section on the top. Now with the 10 to 15 minutes extra at each inspection I have to disagree. As a volume appraiser 10 to 15 minutes extra at each inspection is around 2 hours extra in the field per week. That equates at the end of the year at around an extra 100 hours per year, which could equate out to an extra $7,500 to $10,000 a year. I feel the extra 10 to 15 minutes, or in some cases on complex properties 20-30 minutes is worth it, it may not be too some.
Also, its not like a laser is instant, you still have to walk the sides at a minimum. Theres probably not much of a time difference. As far as mobile uploads of the sketch? It takes another 5 minutes when I sit down to do the sketch and floorplan, its a wash in my eyes. I can measure a one level or box on box two story in 5 minutes if I don't have to make forced small talk with an occupant. I have a wheel if County has a sketch uploaded, 95% of the time, and just verify if its right which it also is 90+% of the time. If it is way off, I get the 100 foot tape out. On typical homes it doesn't take long. I do it for 1)because I live in tract home heaven and shooting a laser in bright sun, AZ, at homes that are generally rectangles doesn't give me much of a target and 2) if I don't spend a few minutes outside I actually feel guilty how quick I can be in and out of a standard home based on what these homeowners pay for most appraisals. A few extra minutes outside makes it look like I'm actually doing something and they don't feel jipped. I cringe when someone says the last guy was in and out in 10 minutes and barely said a word..I may play speed racer on vacant homes but try and make them feel comfortable with nonsensical small talk and pretend I'm really evaluating their home professionally as I walk through. For $400-$600 you better put on a little show.