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Commercial Report Writing Poll

How long do you typically spend writing up a commercial report? (see first post for details)

  • <4 hours

    Votes: 0 0.0%
  • 4-8 hours

    Votes: 0 0.0%
  • 8+ hours

    Votes: 6 66.7%
  • I do specialty appraisal and/or don't like the options given

    Votes: 3 33.3%

  • Total voters
    9
  • Poll closed .
I store my elucidations to reduce the struggle and time when describing or evolving a valuation topic. Over time, the efforts lead to a bevy of beauties instantly accessible.
 
Probably most of us multitask and perform many SR1 elements while we are writing our SR2 report. When I was using dictation I had to have all my SR1 analyses completed, including whatever adjustment grids I was using. Once that was completed it would take me about an hour to dictate my narratives and perhaps another 10-15 minutes later on to do any editing to the initial draft. Sometimes less if i had gotten it all right in the first place.

One advantage to that process is that it's easier to review your work if someone else (or the software) did the data entry - you've never seen the text before because you didn't physically write it. That process then becomes more similar to a straight review.
 
Probably most of us multitask and perform many SR1 elements while we are writing our SR2 report.
Yeah, I was wondering if that may be the case.

My average is 28.5 hours this year per report.
It may be that the poll was not very well articulated (character limit didn't help) and it might have led some to believe the question was regarding the entire appraisal start to finish rather than only the "SR2" portion, as George mentioned. My Market Research professor didn't think I took her class seriously enough... and maybe she was onto something.
 
I develop and report appraisals of complex properties for unusual purposes. I can some times spend three or four days just reviewing components of the property and getting a list of property types I'll need to support various component contributory values. Just as examples; CCRC with additional acreage under a conservation easement, and sub-divided acreage for planned small home sites for active elderly; airport with land ownership in and outside the fence, and land which is leased, for a tax appeal, one municipality taxing another, with some components taxable, others not; ski area properties with various rented buildings like slope side cottages, restaurants, shops, and split ownership condo developments in addition to the mountain; easements; contamination; partial interests; you name it. Weeks and months to finish with supplemental standards on top of USPAP. Its the strategy to take though for the fees though.
 
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