MLS photo discussion

[starmansf]

You won't find any sideview mirrors on my photo pages. I drag and drop directly from MLS and if a mirror is present I refuse to use that as a comp.

 

[Dennis J. Black ASA IFAS]

Michael,

Please tell me you are joking.

 

[Mike Garrett RAA]

Ok, stop with all the name calling and BS. Anyone else notice that lately being crude and rude is a trend on the forum?

A couple of points...

1. I prefer to use sales from MLS because I can have a point of contact who is usually available to answer my questions. I usually have much more information about the property than I can get from public record alone. There are usually additional pictures which can give me an idea of the condition rather than relying on the usual agent comment of...Immaculate! On my board, agents are now required to list concessions paid.

2. I drive my comps and take pictures of them when those pictures will show the property. Some times it's necessary to use an MLS photo in the case of locked gates, properties not viewable from the street (I don't trespass on private property), or the property has been destroyed or so changed that the photo is not representive of it's condition at time of sale (judgment call on my part)

3. I don't get out of the car to take comp photos UNLESS it is necessary to get the shot. I have found it safer to come to a complete stop rather than a rolling shot.

4. You certify you drove the comps...that's all that is required.

5. Your Scope of Work and normal course of business should dictate your actions. In residential mortgage work it is a complete appraisal, summary report (form report) in most cases. Know your client, intended users, and intended use so that you can do what is required so that you can produce a credible appraisal and an appraisal report that is not misleading.

6. Do what is right.

 

[Dennis J. Black ASA IFAS]

So it is ok to use the presence of a sideview mirror in an MLS photo as a reason to not use a sale in your analysis.