OSU Beavers
Elite Member
- Joined
- Jan 10, 2007
- Professional Status
- Licensed Appraiser
- State
- Oregon
What now? What do we have to buy and include in our reports?
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Feb 4th GSE requirements
- Thread starter OSU Beavers
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OSU Beavers
Elite Member
- Joined
- Jan 10, 2007
- Professional Status
- Licensed Appraiser
- State
- Oregon
I received this promotion in my email today
That is why I am asking, "WTH do we have to deal with now?"
George Hatch
Elite Member
- Joined
- Jan 15, 2002
- Professional Status
- Certified General Appraiser
- State
- California
That's the operative word, alright. It's become quite fashionable for the software types to sell a subscription service to their cloud-based app, as opposed to selling a freestanding app you can own.
Digger88
Elite Member
- Joined
- May 11, 2010
- Professional Status
- Certified Residential Appraiser
- State
- Virginia
Is this the monthly time adjustment BS?
George Hatch
Elite Member
- Joined
- Jan 15, 2002
- Professional Status
- Certified General Appraiser
- State
- California
Look at how many datapoints that graphic is depicting.
Alsie35
Elite Member
- Joined
- Sep 14, 2020
- Professional Status
- Certified Residential Appraiser
- State
- Texas
Yes, it is. I am making more adjustments recently. Doing nothing different for this deadline, as I already fashioned an explanatory paragraph that explains how the % adjustment was derived and referencing my graphs that I have included in reports for many years. The only things I change in the paragraph are the percentages and comp numbers, report-to-report.
George Hatch
Elite Member
- Joined
- Jan 15, 2002
- Professional Status
- Certified General Appraiser
- State
- California
Something is better than nothing. Anything is better than nothing.
Joe Flacco
Elite Member
- Joined
- Jul 31, 2013
- Professional Status
- Certified Residential Appraiser
- State
- Maryland
Are you making declining adjustments? Doesn't seem like the Texas metros would require any adjustments.
sputnam
Elite Member
- Joined
- Apr 24, 2012
- Professional Status
- Certified General Appraiser
- State
- North Carolina
You don't have to buy anything. What you will have to do is support your opinions and conclusions within your appraisal report. Of course, there will be companies who make the job easier in exhange for some money. Remember though, USPAP doesn't support using 'black boxes'. The appraiser is required to understand how the analysis provided by the third party software is created. In other words, you could do it yourself... but, you choose to use the tool to save time.