SWOT analysis

[Terrel L. Shields]

Strength - in a good area for sales
Weakness - the building is old and has functional issues (wall height, etc.)
Opportunity - it might best serve as a warehouse
Threats - a downturn in the economy means it might not be fully occupied consistently

 

[tsiegel]

you can't ask lender directly what they are looking for? you remember the very old days, confusion was instantly solved with a talk to the 'person' who wants it.
my favorite is when they use lending lingo, which of course i never heard before, for something very simple. i don't deal with any AMC. i have learned to find the person who wants the answer to directly ask 'what do you want'? people seem surprised that i can find them, now i have made another friend with my lender's people. today's younger appraisers seem unable to do that in the course of AMC business.

This is definitely going to happen. I am just curious how others approach these things and if anyone might have developed some do's and don'ts. Thought I'd tap the hive mind.

 

[PL1957]

I don't understand what the big deal is. As you stated, all of this stuff should already be included in a well written, well-supported appraisal report. It's just summarizing it in a single location, similar to providing an Executive Summary or a Summary of Salient Facts at the beginning of the report. It should be pretty much a cut and paste job.

 

[tsiegel]

I don't understand what the big deal is. As you stated, all of this stuff should already be included in a well written, well-supported appraisal report. It's just summarizing it in a single location, similar to providing an Executive Summary or a Summary of Salient Facts at the beginning of the report. It should be pretty much a cut and paste job.

Yes. I was just wondering if others do this, how do folks format it. Was looking for ideas.

 

[Deleted member 152047]

I have a client that is now requiring a swot analysis in all appraisals. This mildly annoying (just because I don't need even more things required of me), but I generally like the idea of completing a SWOT analysis. Does anyone have a template for such a thing that they have had good success with? I am hoping to make it pretty succinct.

Standard request for Wells for years now. We incorporate into all of our reports regardless of client.

I dont think the "OT" Opportunities and Threats are required by any clients. The strengths and weaknesses we typically use bullet points in the LOT, easy peesy.

 

[Deleted member 152047]

Many making such lofty requirements don't comprehend the fact that appropriately selected and analyzed comparable data includes all the factors impacting the subject, and account for their impacts as well as can be done. This strikes me as busy work that increases the likelihood of obscuring the wheat with the chaff.

This is not a lofty requirement. Also, you have to consider your peers. How may bad appraisals have you seen? How many bad appraisals might have been better with some concentrated critical thinking expressed via a S&W section? This takes no more than a few minutes and can be a good and succinct way to express to the reader issues that they may see when reading the report.

 

[WestMichiganCG]

The property’s strong points include the facts that the building is well maintained and has been continually maintained and updated and was completely renovated in 2017 so it shows new. The building has a well-kept brick veneer with quality materials and finishing inside out. The property has minimal weaknesses beyond the fact that the building has minimal visibility from 44th Street SW which may be important for some but not all users. The building’s opportunity lies in the fact that it has two floors with an opportunity for a two-tenant scenario in the future. In addition, there is additional land to add surface parking. The property has minimal threats as there is minimal competition for high end office space in the nearby area.