MLS Comp Photos WTF!

[Greenback]

...If your spending more than 15-30 min at a home of that size in a tract subdivision on a 6000sf lot, you have issues that go beyond appraising, not including FHA.

I disagree :icon_mrgreen:

It takes me 15 to 30 minutes to just draw the floor plan of a house and/ or home of the size being discussed, as well as, the site/contributory items. I'm not allowed to leave until I have drawn the interior of the home or building and I'm not allowed to turn in a report if the sketch isn't as perfect as can be.

Disclosure - 15 to 30 minutes for me is just the beginning of the inspection and observation; just getting started

Sincerely,

 

[Mike Kennedy]

I disagree :icon_mrgreen:

It takes me 15 to 30 minutes to just draw the floor plan of a house and/ or home of the size being discussed, as well as, the site/contributory items. I'm not allowed to leave until I have drawn the interior of the home or building and I'm not allowed to turn in a report if the sketch isn't as perfect as can be.

Disclosure - 15 to 30 minutes for me is just the beginning of the inspection and observation; just getting started

Sincerely,

Keep on keeping on!! Never let anyone or anything - RUSH you. Speed will come with time.....and is always predicated on subject characteristics, utility, and condition. Glad to hear someone is teaching you properly.

 

[Greenback]

...Glad to hear someone is teaching you properly.

I think it takes a Trainee's willingness to be trained properly, too. A good Mentor can mentor all day, but if the Trainee doesn't care, then they will not care when they become certified. The Trainee's willingness or even aptitude, assists the mentor in going beyond the minimum of what a great mentor may be.

Yes, I believe I have been taught properly and, I am not done, as for as being taught/mentored properly. Not only am I being taught proper, not by just one person (but a group since I was 19 yrs. old), I care about being a Real Estate Appraiser (I care about my mentor, too).

Thank you


More of an on topic reply:

I'm not allowed to include MLX photos unless photos of the comparable sales have been taken on the effective date or before preperation of the report. OR, unless, for some reason, not being able to take pictures of the comparable sales are beyond our control, and keeps me/us, from taking our own pictures.

I like to use both, my own pictures and MLX photos. Appraiser photos of the comparable sales takes into account the performance of the SOW and verification that the Appraiser did drive by the comparable sales.

My opinion, it's better to use both sets of photos (when MLX photos are available). The report will be better understood, efficient, effective, and more credible.

Sincerely,

 

[Doug Smith SRA]

What's the rush?

Doesn't matter if you consider it the bare azz minimums, but spending an hour inside a 1500sf tract home is just ridiculous! My god, I could measure the outside, the inside, measure for carpet and tile, calculate paint, etc and still barely spend an hour at a tract home of that size. If your spending more than 15-30 min at a home of that size in a tract subdivision on a 6000sf lot, you have issues that go beyond appraising, not including FHA.

I know the topic is photos but in the rush save time, we forget the impression made on the homeowner.

Here is Malcolm Gladwell (Blink) talking about why some Doctor's don't get sued. Rushing around, getting the job done, minimizing the time spent with the homeowner is hazardous to an appraiser's E&O. All that rushing does not create a good impression. Sure you can measure efficiently and make notes but rushing past the simple step of speaking with the homeowner is worth the time spent. So is conveying that the inspection is thorough and complete.

Medical researcher Wendy Levinson recorded hundreds of conversations between doctors and their patients, to find out why some doctors get sued and others don’t.

The answer was three minutes. It turned out the surgeons who had never been sued spent three minutes longer with their patients than those who were sued (18.3 minutes, versus 15 minutes).

More importantly, they were far more likely to make comments that involved the patient in what was happening, such as “First, I’ll examine you, and then we’ll talk the problem over”. They listened actively and laughed more than the doctors who were sued. The quality of medical information they gave wasn’t any better. It was the way they interacted that differed.

It gets stranger: recordings of doctor-patient conversations were made and the words were removed via computer. All that was left was intonation and inflection – the rise and fall of the voices. Independent judges were asked to rate these doctors for warmth, hostility and dominance, knowing nothing about them but the sound of their voice – not even the words they spoke. They accurately predicted which doctors would be sued and which not.

What’s this got to do with you and your customers? It’s the ‘E’ word, of course – Empathy.

Doug

 

[Ken B]

And don't forget to scratch the dog behind its ears and at least attempt to do so with the cat.


You think I'm joking?

 

[Greenback]

...You think I'm joking?

No.

Sincerely

 

[Carnivore]

I know for a fact that I have on numerous occasions got referals and repeat business because I was friendly and seemed interested in the persons castle.

Hurry through thier HOME, dont ask any questions, seem disinterented and I assure you they will not think of you in the future when they need an appraisal for:

Estate work; planning, retirement etc
Asset Distribution
Date of death
Tax appeal
etc
etc
etc

 

[Mike Kennedy]

I know for a fact that I have on numerous occasions got referals and repeat business because I was friendly and seemed interested in the persons castle.

Hurry through thier HOME, dont ask any questions, seem disinterented and I assure you they will not think of you in the future when they need an appraisal for:

Estate work; planning, retirement etc
Asset Distribution
Date of death
Tax appeal
etc
etc
etc

a few other "etcs" :icon_idea:
possible bankruptcy
feasibility appraisals for possible expansion, renovation, subdivision, etc.
referral to neighbor and/or family member (most have 1) attorneys
Review of prior inflated purchase appraisal
second home appraisal
investment property appraisal

 

[Greenback]

a few other "etcs" :icon_idea:
possible bankruptcy
feasibility appraisals for possible expansion, renovation, subdivision, etc.
referral to neighbor and/or family member (most have 1) attorneys
Review of prior inflated purchase appraisal
second home appraisal
investment property appraisal

dispute;
Divorce;
settlement.

Sincerely,

 

[George Ellerman]

I know for a fact that I have on numerous occasions got referals and repeat business because I was friendly and seemed interested in the persons castle.

Hurry through thier HOME, dont ask any questions, seem disinterented and I assure you they will not think of you in the future when they need an appraisal for:

Estate work; planning, retirement etc
Asset Distribution
Date of death
Tax appeal
etc
etc
etc

Sometimes I like to ask if I can stay the night to get the real feel of the abode ! They always want me to hurry up and go then !!