I am right, right?

[Zoe]

You're a good guy, unlike Zoe always wanting money.
Now I know what the thread is about.

I know you have it so I came to right source.

 

[Zoe]

I responded to the client's underwriter via a revised report and they accepted it. When they went to sell to the investor, their underwriting had a problem via CU findings. My client gave me their findings/complaints but I only responded to my client. The investor saw my response via the revised report. No details from investor. Only, "CU findings suggest adjustments of $zzz". I responded that I stick to my data and will not change report to fit CU findings, especially since they gave me no other data that refuted my findings.

I see nothing wrong with that.

 

[Tom4value]

You should have had higher price sales as comps, but more importantly, superior or equal feature and location sales where you either made some downward adjustments or needed to make no positive adjustments. A report with all positive adjustments, which means it used inferior and or lower price comps, is a red flag.

You already responded but your response was you are not changing anything. Either they will accept the report or reject it. Even if accepted, any reviewer can challenge a report at any time. That is why bracketing the sales is far more bulletproof than comments.

There were no equivalent quality comps to use that did not need these positive upward adjustments?

Oh, I did! Actual sales prices of 2 of my comps were above my value. one comp required no adjustment because it sold a few days before and I explained that it was very influential. Oldest comp was November so I didn't use very old comps.

 

[Zoe]

You're a good guy, unlike Zoe always wanting money.
Now I know what the thread is about.

Are you wanting to give me some of your money? LOL

You got babies boy and travel all the time. I would love to meet you. be priceless.

Do you like something cheap for a snack or meal? We could do that. My treat.

Compliments of Zoe.

Your budget is $50 for you and spouse. I will pick up tab.

Comprende?

 

[Zoe]

Oh, I did! Actual sales prices of 2 of my comps were above my value. one comp required no adjustment because it sold a few days before and I explained that it was very influential. Oldest comp was November so I didn't use very old comps.

I am very sorry. So was market conditions (time adjustment) what they had a problem with?

 

[Fernando]

Are you wanting to give me some of your money? LOL

You got babies boy and travel all the time. I would love to meet you. be priceless.

Do you like something cheap for a snack or meal? We could do that. My treat.

Compliments of Zoe.

Your budget is $50 for you and spouse. I will pick up tab.

Comprende?

Now you know why I have to dress down and drive my older cars to see my tenants.

 

[J Grant]

I wish I could like this 100 times. Theoretically, bracketing is done to support adjustments via sensitivity analysis, but that theoretical "support" is worthless if the additional sale is so dissimilar in other ways that it isn't really even a comparable.

If the subject is a 2,000 SF, 3 BR home with a pool, throwing in a 4,000 SF sale just because it has a pool and pretending that lends support for the pool adjustment is just a fallacy.

Throwing in a 4000 sf house in this example just because it has a pool is not bracketing; it is idiocy.

 

[Fritz in NY]

OK, end this. Realtors are now listing and selling at the imagined "What Could I Get"?, any seller would sign up at this inflated value, not a hard sell at all.

 

[Zoe]

Now you know why I have to dress down and drive my older cars to see my tenants.

Will that thing make it to Memphis? I can entertain you boy. I need spouse with you to keep you in line.

My spouse will be with me. I am not a Memphian. I am hillbilly from middle Tennessee. I will treat you a little. Are you servicing your car? I heard new airline is coming into Memphis from different locations like $99 a flight. I have rich brother in law with nice new tesla. He is like I may do that next time from Knoxville. He is like it took us 8 hours to get here.

I was like how smart are you? LOL

$99 to him is like $0.10 to me.

 

[Fernando]

Will that thing make it to Memphis? I can entertain you boy. I need spouse with you to keep you in line.

My spouse will be with me. I am not a Memphian. I am hillbilly from middle Tennessee. I will treat you a little. Are you servicing your car? I heard new airline is coming into Memphis from different locations like $99 a flight. I have rich brother in law with nice new tesla. He is like I may do that next time from Knoxville. He is like it took us 8 hours to get here.

I was like how smart are you? LOL

$99 to him is like $0.10 to me.

Has to be another time. My next trip I'm planning is Iceland before winter comes.