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Finding Listings

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Andrew Walker

Freshman Member
Joined
Jun 20, 2003
In the 1004 URAR report, what method do you guys use to fill in the "Approximate total units for sale in the subject project?"

I used to use Terrafly, but for some reason it will no longer show me the MLS Listings, and unless I'm wrong, as an appraiser we don't have access to view houses currently on sale. Besides going down every street in the PUD and counting the numbers of properties on sales, what do you guys do?

Interested in hearing your response,

Andrew
 
Joined
Jan 13, 2002
Professional Status
Retired Appraiser
State
Florida
I don't know. I've heard that there are some MLS systems that don't have full access for appraisers. I had to join as if I'm a broker and have full access to everything in the MLS system in both boards where I am a member.

Maybe Realtor.com?
 

Don Clark

Elite Member
Joined
Jan 17, 2002
Professional Status
Certified Residential Appraiser
State
Virginia
B) Find out how many streets there are in the neighborhood. Go down 10% of them, count the properties for sale and extrapolate a figure from that :beer:

Just kidding. I am blessed to be a member of an MLS that covers at least a 50 mile radius in Virginia, and another that covers several counties in North Carolina. I can easily get the data from both.

Wish I could help. You might ask the MLS, if they will give it to you, what the total sales were in the neighborhood for the past year on a monthly basis. Or, do a ESWAG.

Don
 
Joined
Jan 13, 2002
Professional Status
Retired Appraiser
State
Florida
Actually, if I were you, I would go to the MLS offices and show them what your have to do to do your job and demand full access. Pay whatever it takes to get it.
 

Mike Garrett RAA

Elite Member
Gold Supporting Member
Joined
Jan 14, 2002
Professional Status
Certified Residential Appraiser
State
Colorado
I am assuming you are refering to the PUD section of the form. If it is a PUD your plat map should show you the information you need. Quite often, if there is an HOA, we call the management company. They usually keep track of all that data.
 

Travis McGee

Senior Member
Joined
Sep 18, 2004
I joined the local board. Expensive but worth it. Have MLS on my computer would be lost without it. Don't know how you can complete a report without it.
 

Andrew Walker

Freshman Member
Joined
Jun 20, 2003
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JO ANN GLANTZ -
We have a license to use the local (Dallas/FW) MLS. What I am saying, unless I haven't figured it out, is that I have limited abilities as an appraiser on it, and I'm pretty sure that searching for properties up for sale is one of them. If someone from the DFW area could confirm this, it would be a huge help.
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Mike -

Do you know where I can obtain plat maps (online and free preferably)?
I use ACI REPORT software, but apparently we aren't licensed to use the plat maps.
Sounds like a great idea if I could figure out where to get one.
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Please understand that my mentor likes me to do certain parts of an appraisal and she understands and does others. My problem is that I have a curious mind and like to learn as much about the profession as I can, which means I turn to sources like this forum to learn. Thanks for being patient with me :)

-Andrew
 

Blue1

Elite Member
Joined
Jan 14, 2002
Professional Status
Certified Residential Appraiser
State
California
Andrew,

I belong to the MLS in both counties I cover. One county prohibited "Associate" members (yeah...Appraisers) from pulling up active listings or pending sales for years. I grumbled and asked why and never got a good answer. I used to call the 'board' regularly every time I got an order in that county and made them pull up active listings for me. Every other appraiser did the same thing. Eventually, they got tired of all the extra work and granted 'Associate' members access to active listings........Just a thought....Keep bugging them and.......Why not ask why?
 

Mike Garrett RAA

Elite Member
Gold Supporting Member
Joined
Jan 14, 2002
Professional Status
Certified Residential Appraiser
State
Colorado
There are several sources for plat maps. Metro scan might be one of them in your area. I get mine from the County Assessor's web site and they are free here.

Full membership in the Board of REALTORS® is the answer, as someone said "expensive" but part of the cost of doing business. My membership is about $1200 a year and includes a lock box key, something every appraiser should have.
 
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