Work patterns - Typing time - one person shop

[Farm Gal]

:lol: :lol:
The grid first is a particular sort of 'guy thing' as near as I can tell...

Not trying to start a war of the sexes, nor make specific comments on thought processes, but somehow the proponents of grid first vs those who do the front page, seem to run along fairly predictable lines!!!

We have a split office and have debated the issue at great length...
particularly as relates to speed, finally agreeing to disagree.

Most of the gals I know do front page 1st, Most of the guys who are real out of the box thinkers go for the grid... Most of the particular detail oriented guys run front page prior to grid... except when they don't....

Interesting!

 

[wyecoyote]

I fill out the entire report first Page 1, sketch, plat map, sub photos, cost approach (improvements), then fill in the addendum with all pertinet information site descrip, improvements descrip, and determental conditions. Then I select comps from what I took out in the field arange them in order go back over my research to make sure I didn't miss a possible comp. After all that then I fill in the grid and begin making adjustments and explaing the adjustments in the addendum.

Ryan

 

[Larry Lyke]

To be more precise, I do the perimeter drawing on Apex before doing the grid.

And before doing the grid, I label the photos numbers onto the Comp sheets in order to keep permanent track of the photos no matter how the Comps get mixed up or used or not.

Then I do the grid and decide the EMV.

The reason I do the rest of the appraisal from pg 1 of the URAR through in text and the URAR addendum is to see if my EMV opinion survives my initial opinion. It's kind of a challenge and being receptive to new input, if any.

For me, if I can do the rest of the appraisal without loosing confidence in my initial opinion of value, I feel even more confident in the numbers.

But the last best reason for getting at the grid right away is to find out if the Comps are satisfactory or whether I should be digging for something else.

 

[jtrotta]

I believe the question was;

"How fast can you type a report" No thoughts, No analysis, No problem - 30 minutes and for those who want to know - I use ACI 8O

Now, if you want to get into analysis; photo's; floor plan; and maps, add another 10 minutes :lol: :lol: we have the office set up inside the snowglobe as the most efficient you've ever seen 8O

8)

 

[Mountain Man]

No thoughts, No analysis, No problem - 30 minutes

You forgot about nap time. :wink:

 

[Terrel L. Shields]

I think most people avoid narratives because of typing time. Few people take the time to create the template and merging documents that reduce the time to create a narrative to little more than that of the form reports.

I prefer Word Perfect over Word in part because Word does not do math tables nearly as well. I embed tables into my cost approach that do a land grid and a cost grid. Additional tables can be created that allow me to fill out Boeckh Commercial or Agri Cost Guide like forms. Ditto for comparison grid in sales approach, NOI Table, etc.

It rarely takes over 3 hours to imput a report. My WPM are down to about 30-40 since my right wrist cratered, Carpal Tunnel. It has been a scream all day today.

My ex, a computer and typing teacher, estimated me at 100 wpm 10 years ago....by retirement I will be down to HPC speed (hunt, peck, cuss)

ter

 

[BigBlueGA]

Man, I feel special.. I had my fiancee time me the other day and I came out around 115 words per minute.

Typically, the 1004 takes anywhere from 20 minutes to an hour depending on how organized my work file is and how many of my macros apply to the property in question. That's including photos and else of course.

 

[Dee Dee]

My all time favorite appraisal was one that was just a couple of blocks from the office I used to work in.
Subject was a ranch (measure two sides and you're done), all three comps were on the same street and had sold within the prior three months. Took me two hours total for the inspection, research and typing.
Wish I could get about four of those a day but I certainly don't miss the commute to the city to do it.
Not the case where I do most of my work now. Everything is custom built on varying site sizes, different views that can swing the prices all over the board, and sometimes the best comps can be miles apart. Typing the report is the easy part, usually only an hour or two. Haven't timed my typing time lately but it's pretty fast, most of that time is spent analyzing how and where to make adjustments. Research, inspection, comp photos and drive time can often take 5 hours or more.

 

[TEL2002]

Interesting comments so far...boy I sure wish I had some you folk's typing speed. I also took typing in HS (Dad insisted and it has really helped in my life. Like you I was the only guy in class and we had a male typing teacher that could make the old office manual typewriter act like a modern high speed computer printer.) but on complicated stuff I'm in that 35-45 range, easy stuff maybe 45-55.

I have always started at the front page...think i might try using that grid first approach. I have improved my time drastically over the last 2 years. One thing I have started using is more comments written in MS Word and then paste it in. I use this for major addendum additions....like REO comments and privacy statements.

Terry

 

[Larry Lyke]

TE --

I'll bet you can even yet improve your speed if you start every appraisal of a similar kind with a boilerplate.

Not just any boilerplate -- one that is fashioned to make sure you don't leave out any basics. Anything that's truly individual and special to a particular appraisal will asert itself and you will know enough to include it.

I'm talking about format and basic ideas.

I start every (95%) of my appraisals by cloning from a boilerplate.

And you can keep your boilerplate original open and in the background and tweak it as you go, so it's easy to make improvements to the boilerplate, especially when you are starting to work with one, trying to get that one boilerplate which'll asssit you in making the best appraisal possible. I haven't had a call from an underwriter in about 5 years, BECAUSE nothing basic is EVER missing.

Try it, you might like it.