GPAR Form Questions/Discussion

[BOB PADRICK]

for Rich Heyn & anyone else familiar with this form:

Do you have any suggested ways/guides for the form yet? Like an idiot appraiser's guide to filling out the form. Most is self evident to anyone working as a form filler for the past few years, but there is some stuff particular to your form.

For instance-you have an intended use and additional intended users sections. I think I know why they're there-if its not here it cannot be used for any other purpose for any other user-but I'd like to hear your musings nonetheless.

Also, I noted that there is no self evident place for prior sales for the comps-not a USPAP requirement, but I don't have a single client that won't ask for that info if its not there. They may be asking for it only because there is a place on the form, but I always indicate the latest available sale for all the comps as well as the subject, regardless of the date. Just shows due diligence.

Any other comments or suggestions would also be welcome, especially for your limiting conditions et all. Thanks in advance!

 

[Rich Heyn]

GPAR from ACI

Nothing in the way of a guide at this point. I'll be at ACI most of April and intend to put a few things together at that time to be e-mailed to our clients. You are correct, though, in that most of the information is self-evident.

Sometimes you might have other intended users in addition to the client. That is what the "Additional Intended User(s)" line is for. The two blank likes for intended use are for just that. Look at the sample report for an example. It states that "The intended use of this appraisal is to assist the client in making a pre-purchase decision regarding the subject property. No other use is intended or authorized by the appraiser. The scope of this assignment is specific to the identified intended use."

I designed it so that the heading at the side says “sales history” and not “subject sales history.” This leaves the appraiser free to discuss both subject and comparable sales history if so desired.

Look for a future message on GPAR from ACI. They have hired me as their Director of Compliance and part of the job description is to help them provide useful products to our clients. We'll be sending out more information on GPAR in the next month or so. In the interim, feel free to post questions here so that we can share the information with other ACI users as well. Let me know what you think after you have used the form a few times. I envision some tweaks and changes after we hear back from our clients.

As to the limiting conditions, if you read them carefully I think you will agree that they are much more "appraiser friendly" than the old and (especially) the new URAR.

 

[BOB PADRICK]

Thanks for the quick reply

A comment on the sales history items though. I make extensive use of the ACI research database. It appears that comps that I put into gpar will not have the prior sales history available for import into the other forms. Since ACI has done such a wonderful job this time in keeping the naming convention so consistent across all the different forms, it would be nice if the gpar followed the same kind of convention vis-a-vis the prior sales history. Minor gripe, I know, but...

I think I must have missed the gpar sample form. I noted that I do have an older version somehow-I think I beta'd a few of the revisions just prior to the shipping product-I thought I was on the shipping product, but maybe not.

A few samples with line by line commentary would be nice-maybe not for every line, but for the newer stuff, or where the limiting conditions might make a difference in how you approach some of the fields in the form.

BTW-is this form available for use by the competition yet/ever? It will be easier to get some of our larger clients to accept this form for portfolio work if it is not limited to any one software.

 

[Mike Seward]

Where does one find the sample form?

 

[Mike Seward]

Never mind. I found it. Just do what you do to open an order. It's name is "gparsample."

 

[Mike Seward]

I am in the process of completing my first report using the GPAR form. APEX won't integrate with the new form. Can anyone help?
Thanks.

 

[Claude From NY]

Mike: I recently completed a GPAR and had no problem with Apex integration. The only thing I can think of is the most obvious, do you have options/environment/floorplans/Apex enabled?