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Have you received a bid request for a 3.6 report?

Have you received a bid request for a 3.6 report?

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I’ve done lots of pre-listing work. Most of it however is for those wanting to sell it privately. The biggest key is not focusing on a specific number, but look at range of value instead. And I always sit down with them and explain if I think my number is solid or not, because sometimes the comparable sales aren’t the best. I was a broker and sold, so I am use to dealing with sellers. I tell them, hey if you want to list it for more that is your choice. But I also tell them if they do that too long they will be in trouble. But hey, I can be wrong, and I have been. I use to do relocation appraisals where I was graded all the time on how close my value came to the final sale price. And I was always within 5% of the final sale. The biggest issue is when you are in crazy markets that frankly have sales that make no sense.
Sounds good when you type that, but that was never my experience. :)
 
No 3.6 orders yet, just weird stuff. BoA flex desktops, REOs, Land, pre-forclosure drive-bys, and no comp nightmares.

I have only had one normal 1004 SFR purchase appraisal all year!
Only 1, that is crazy. I haven't been asked to complete any 3.6 orders yet, and I have actually been too busy to even look into the process much. Turning orders down in the Midwest, and wishing it would slow a bit.
 
Insanely busy here too. I made more appraising this month than I did my full-time job. I might go buy a boat this weekend. :rof:
 
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