Truett, as kindly and gently as I can say this, Anthony Young is NOT an MAI. He only just joined the AI as an Associate this summer, after much prodding over a two year period, and has yet to take one course. 10 Courses, 5-years of Peer Reviewed Reports and a Thesis are required, along with a Degree.
September of last year, he took his first Stats class in Palm Springs. He is self taught with regard to Excel and has had great success promoting his DVD and Webinar's. Until the Stats course, with George Dell, MAI, SRA, last year he had never heard of Gnumeric.
He deserves to be commended for the masterful way he has been able to develop and promote his seminar and DVD. Which is mutually exclusive from having any credentials.
Those who do hold profesional designations, worked hard for them. Both George Dell and I have tirelessly promoted advanced education and done all we can to try and point the way for the residential appraisal community to increase their skillsets. I have created two new seminars this year to help the residential appraiser in this regard.
Documenting Time Adjustments and supporting Market Data Adjustments is probably done by less than 1% of the appraisers.
Although all licensed appraisers certify compliance with good appraisal procedures in their USPAP Certs. Most have their forms programs on Automatic, using what ever they were told to use when they started. And they use the same Adjustment factors in ever Location, Price Range, Size Range and Quality Range.
If one were to simply think about that for a minute, it is intuitively wrong, just wrong.
In my office we do Market Segmentation for what ever product we are appraising in the Location we are in. We have found differening Time Adjustments within the same Zip Code, as there are different Neighborhoods, and Market Segments within.
Then we compare and contrast what we measure, with what is published by Zip Code, City, County. By doing so it is our goal to bring context to the Time Adjustment we are using and bring strength to our analysis of why and what we are using.
So far, we have never been questioned about our Time Adjustment. We have used up to -10% Per Month, for June, 2008.
We are now measuring Weekly Time Adjustments.
