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This Skippy Masquerade

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As I was taught to do.... always take a spin around the neighborhood. Has something burned down? Is there a remodel underway? A new lease comp? Vacancy? Brand new listing? Etc.

You have been taught well Grasshopper! :clapping:
 
You know, there was something nagging at me about this thread, and some others that have been on here recently, that I just have to say. To those who want to talk about how much more time it takes to do your research in "today's market" - you are flat wrong. This is the kind of research you were supposed to have been doing all along, not just checking the "increasing" box.

Mr. Potts,

I applaud your ability to use the latest and greatest to save time. I wish I had the knowledge to do some of the excel work you have spoken of. That aside, while I agree that the research is nothing more than we have been doing all along, I also agree it is taking longer to seperate the pomp from the circumstance.:shrug:
 
You know, there was something nagging at me about this thread, and some others that have been on here recently, that I just have to say. To those who want to talk about how much more time it takes to do your research in "today's market" - you are flat wrong. This is the kind of research you were supposed to have been doing all along, not just checking the "increasing" box.

There is a lot more stuff to sift through in my market, REO's, cash back deals, sales prices above list prices, some neighborhoods are declining, some are stable, some are actually increasing a little. The ease of obtaining data in my area has required me to do more research.

Appraisers that do not cut corners and work quickly, are not considered "skippy" in my book. To those, my "skippy" comments are not directed.
 
. To those who want to talk about how much more time it takes to do your research in "today's market" - you are flat wrong. This is the kind of research you were supposed to have been doing all along,

With all due respect Bill, you know nothing of others markets and making such a rash general statement is just plain ignorant. I have been appraising for 25 years in my market and with all the shenanigans with REOs, Short Sales,Concessions etc... it is in fact taking longer to research and separate the wheat from the chaff.
 
Why would you DRIVE to get new listings? In our area, realtors have the listing on the MLS within 24 hours of taking the contract. Usually before the sign is in the yard.

Must be nice being located in an area where most brokerages use MLS.:)

As I was taught to do.... always take a spin around the neighborhood. Has something burned down? Is there a remodel underway? A new lease comp? Vacancy? Brand new listing? Etc.

I just completed a a few vacant land appraisals in a village...unfortunately no land sales. I had to drive by every sale in a certain price range to find out which homes had been razed and had demo permits, to determine HBU of the sales.
 
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