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Regarding comparable selection

Got some particular verbiage you like to include in your reports? Methods of dealing with EA's or HC's? Just be careful not to post copyrighted material--particularly out of an appraisal course.

Moderators: DB, Otis

Postby Bad Hombress on Fri Nov 02, 2007 10:22 pm

Alisa wrote:
Annemieke Roell wrote:When using comparables from MLS, we add the broker notes/descriptions to our report. It paints a picture and described the ammenities of the comparables which shows the comparables are a good match for the subject.

Provided they RTFR, of course. :)


Annemieke, I do that also, especially when it says things like "contractors special", "TLC needed" and my favorite, "Major Fixer"...


I usually quote what the listing agent told me over the phone. This week I wrote, "Listing agent stated that comp was in poor condition and 'should be gutted to the walls.'" However, I did not quote, "That house was a total piece of shit."


:lol:
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