How do you write the addendum in your appraisal reports?

[Wayne Henry]

How do you write the addendum in your appraisal reports?

 

[Red Flint]

The only way I can write is by blasting Van Halen, like "I can't drive 55."

 

[Dublin ohio]

Third person. But as little as possible. Spent a lot of time in high school and college writing scientific reports. Just the facts and nothing but the facts.

 

[TMG]

I put everything on the form, but the sales comparison approach, final reconciliation, and sometimes external factors spill into an addendum. I talk about each comp and their adjustments. I don't comment on basic adjs like GLA, etc but location adjs, financing, view adjs, condition adjs, and how the adjs were derived. Final recon I say which comp(s) were weighted and why, and how final value was determined.

Then there's the pre-fabbed comments about covid, natural disasters, etc.

 

[Overimprovement]

This appraiser strives (I strive) to never use the word 'I' in a report. It is felt that (I think) it just sounds a bit more professional to use 3rd person.

 

[TMG]

This appraiser strives (I strive) to never use the word 'I' in a report. It is felt that (I think) it just sounds a bit more professional to use 3rd person.

Like they say, theres no "I" in appraiser.


...ooops nevermind

 

[Michigan CG]

This appraiser strives (I strive) to never use the word 'I' in a report. It is felt that (I think) it just sounds a bit more professional to use 3rd person.

It is my opinion that 3rd person sounds less professional. I did the work, I determined the Scope of Work and I reconciled the opinion of value.

 

[Flakey]

The appraiser puts the lotion on it's skin.

 

[RSW]

The appraiser has always written in 3rd person. The appraiser does not like to use the word "I" in his appraisal reports.

 

[EddieB]

The only way I can write is by blasting Van Halen, like "I can't drive 55."

That’s all Sammy. An appropriate VH song would be “Running with the Devil”