Sales Grid Adjustment Comments

[jay trotta]

Keep it simple, you never know where your work will end up and it could be (5) years down the road;

 

[JTip]

Quantum Mechanics has been replaced with Quantum Filed Theory. QM gives simultaneous multiple solutions until reality is examined and the one solution is observed.

I don't know what those words mean....but, do you mind if I use that in my reports?

 

[residentialguy]

I don't know what those words mean....but, do you mind if I use that in my reports?

 

[ucbruin]

I like what Rex posted. UC likes to stir the pot, so please ignore that comment above. Regarding the adjustments, you need to explain your analysis....just make sure you've done what was stated. Obviously you need to tweak it so that it is representative to the work and analysis that you performed.

Stir the pot!!!!!
That's funny.....

Does that boilerplate truly address the adjustments????
I don't hide or deny my use of "boilerplate", or as the "good" appraisers would say, "template"....
You say "tomato" and I say "tomato".....

"Adjustments made to the comparables are based on analysis of historic sales data of thousands of properties over an extensive time period."

So I guess a new appraisers who don't have "historic sales data of thousands of properties over an extensive time period.".

What are these appraiser to do????

 

[Randolph Kinney]

I don't know what those words mean....but, do you mind if I use that in my reports?

No, go right ahead.

In QM, it appears that a particle can travel multiple paths to a detector, and the particle behaves as if it travels more than one path. And so it is with extraction (resolving) of adjustments if multiple variables are involved.

 

[residentialguy]

So I guess a new appraisers who don't have "historic sales data of thousands of properties over an extensive time period.".

What are these appraiser to do????

That is a prime example of "stir the pot". What does my post (that you quoted) say after the first sentence?

 

[Randolph Kinney]

Just like the cost approach to value, you are to state your source so that the client or other intended users can reproduce your results.

Depreciated cost is one method to use to adjust items.

 

[Meandering]

Quantum Mechanics has been replaced with Quantum Filed Theory. QM gives simultaneous multiple solutions until reality is examined and the one solution is observed.

Unless it's climate they are observing.

 

[jay trotta]

Keep it simple, you never know where your work will end up and it could be (5) years down the road;

RG; although I agree in part, I just don't "feel" the need for educating my reader to that extent. It is my opinion, that Geographically competent Reviewers should understand the marketplace where we work (boots on the ground style) is relevant, and the rest is not applicable or AVM's would have taken the business over years ago.
I believe "marketing" offers its own unique concept within a market driven area and when there is a need to update within a 120 day period, it tells me, the market is continually cycling no matter how much writing you involve.

 

[residentialguy]

RG; although I agree in part, I just don't "feel" the need for educating my reader to that extent.

In most cases, there isn't a need for that. It's just that one case that might end up in court or in front of the state board.

It is my opinion, that Geographically competent Reviewers should understand the marketplace where we work (boots on the ground style) is relevant

Hahaha...Geographically competent Reviewers??? You must appraise homes in Fantasyland