When To Get Comps, Before Or After Inspection?

[Michigander]

I will pull obvious similar sales prior to inspection if I have enough info on the subject. That being said, even with a current listing I rarely have enough info to accurately pick final comps prior to inspection. Considering the distance to comps in most of my coverage area, it's actually more efficient to make 2 trips.

I cover 1 county, most of my work is in just 8 towns and have 2 weeks turn time minimum. I typically stack inspections 2 or 3 days a week. Write those reports and then drive the comps the next time I'm in the area inspecting the next batch....so it's not really a second trip.

I've tried it both ways and this is what works for me....ymmv.

You sound pretty much like me with your process

 

[Vermonter]

You sound pretty much like me with your process

Also have to admit that in my rural coverage area, most comps are in my database and I reuse them over and over. So I'm not driving 4-5 comps per report. It's typically only the most recent comps I have to drive so it's maybe 1 or 2 per inspection. I usually drive any sales in the subject town since my last assignment even if they are irrelevant to the assignments at hand.

 

[ucbruin]

Also have to admit that in my rural coverage area, most comps are in my database and I reuse them over and over. So I'm not driving 4-5 comps per report. It's typically only the most recent comps I have to drive so it's maybe 1 or 2 per inspection. I usually drive any sales in the subject town since my last assignment even if they are irrelevant to the assignments at hand.

"I usually drive any sales in the subject town since my last assignment even if they are irrelevant to the assignments at hand."

Wicked smat.....

There are always pluses and minuses appraising in a small town with limited sales data....
This seems to be on the plus side....