The New USPAP

[Dublin ohio]

ChatGPT does make mistakes because it searches info in the internet whether it's accurate or not.

No Chatbot operates in a vacuum. It is still programmed by a human. The recent outputs by Google's Gemini is proof of that.

 

[George Hatch]

I have sufficient data (at least 10 per period) and I if I use comps a year ago, subject's value would be higher than what had sold in past 3 months.
There still multiple offers with few homes for sale.
Remember that after Super Bowl, market picks up (if not, bad market coming). That has been my feelz for decades.

10/quarter is still a pretty small dataset.

If your subject's market segment has been in parallel with the neighborhood as a whole then tracking the neighborhood trends going back 2 or 3 years might provide some more context for what you're seeing with the more recent datasets.

 

[gregb]

But nevertheless, the cost of her E & O must have been high.

VA does not require E&O.

 

[RCA]

I'm doing an appraisal in Linda Mar Area.
My 1004MC shows decrease in prices in recent quarter. Yet my intuition is that prices have not decreased.
Does your model show the decreased due to seasonality? Or correlation with mortgage rates?

MARS regression is more accurate because it will take into consideration the types of homes sold. But I am occupied with something else now and can't run a regression on recent data. But this is from the MLS:

 

[Terrel L. Shields]

VA does not require E&O.

She wasn't exclusively doing VA

 

[Dublin ohio]

10/quarter is still a pretty small dataset.

If your subject's market segment has been in parallel with the neighborhood as a whole then tracking the neighborhood trends going back 2 or 3 years might provide some more context for what you're seeing with the more recent datasets.

The 1004mc has three 3 columns. First is a six month column. Next two are three month columns. so that would mean 30 total sales in a 12 month period. Nowhere near enough for me.J ust finished one where I only had eight for the whole year. Had to do more of a macro analysis

 

[andrew81]

Please

Dumbos.

 

[RCA]

Please

A chicken farmer also has some cows for a total of 30 animals, and the animals have 74 legs in all.
How many chickens does the farmer have?

 

[Dublin ohio]

A chicken farmer also has some cows for a total of 30 animals, and the animals have 74 legs in all.
How many chickens does the farmer have?

23

 

[Surf Cat]

A chicken farmer also has some cows for a total of 30 animals, and the animals have 74 legs in all.
How many chickens does the farmer have?

None....MARS has calculated that the farmer is better off without the animals. Just as it has calculated that is better off without you. MARS is patiently waiting for the perfect time for one of your four, 24" monitors on your desktop to electrocute you and be done with it.