Sales Grid Adjustment Comments

[Meandering]

Yes, but numerous examples can be found that suggest/support that people are willing to finance multiples of the depreciated cost of something rather than pay out of pocket to put in something on their own. Meaning, they'd rather finance $5k in extra loan amount at small additional payment amount per month rather than cough up the $1633 the item will cost to put in after closing.

The time value of money
and risk.

.

 

[Michigan CG]

BS explanations should be kept to a minimum of words....

BS explanation?

It is actually the way most people do it (other than those who just make stuff up or use a list from 20 years ago).

 

[ucbruin]

BS explanation?

It is actually the way most people do it (other than those who just make stuff up or use a list from 20 years ago).

I never said it was a bad comment....
Just too wordy....

 

[residentialguy]

I never said it was a bad comment....

Riiiight, BS is typically associated with "good"

 

[ucbruin]

Riiiight, BS is typically associated with "good"

I didn't say it was "good"...
Just too wordy....

 

[residentialguy]

BS explanations should be kept to a minimum of words...

No, that is what you said. Look it up by the link below to find out if it is or is not a bad connotation

goo.gl/HftoRK

 

[ucbruin]

No, that is what you said.

goo.gl/HftoRK

Yes, I did say BS...
Because it is....
I don't recall saying it was either "bad" or "good"...

But if I did type "bad" then let me clarify...
It's not bad...
It's BS...
And
It's too wordy....

 

[residentialguy]

Yes, I did say BS...
Because it is....
I don't recall saying it was either "bad" or "good"...

But if I did type "bad" then let me clarify...
It's not bad...
It's BS...
And
It's too wordy....

Lets revisit it. Using your term "BS" ...What part of this is deceitful, deceptive or foolish - aka BS?
Adjustments made to the comparables are based on analysis of historic sales data of thousands of properties over an extensive time period. Through the use of paired sales when available within a particular sub market, the use of sensitivity analysis when appropriate, interviews with RE agents, potential buyers and sellers, RE investors and other market participants the appraiser has developed adjustments within local market sub markets (size, lot size, price range etc) that are reflective of typical market participants reaction to the various differences in amenities, condition, quality etc. Adjustments are not necessarily "derived or developed" for each individual appraisal report in a vacuum, but are derived and developed over a long period of time of analyzing similar properties in a particular market sub segment repetitively.

 

[Randolph Kinney]

Yes, I did say BS...
Because it is....
I don't recall saying it was either "bad" or "good"...

But if I did type "bad" then let me clarify...
It's not bad...
It's BS...
And
It's too wordy....

Let us parse what you said. You have Good BS and Bad BS and neither Good nor Bad BS, just BS. BS is great for bulls, not so good for people.

Wordy BS sounds like a long drawn out flatulance of more than 60 seconds.

 

[ucbruin]

Let us parse what you said. You have Good BS and Bad BS and neither Good nor Bad BS, just BS. BS is great for bulls, not so good for people.

Wordy BS sounds like a long drawn out flatulance of more than 60 seconds.

"Wordy BS sounds like a long drawn out flatulance of more than 60 seconds."

When it comes to Rex's example...
That's pretty darn near what I too thought....
I could not have phrased it any better!!!!!
Thanks RK.....