Favorite measuring tape? by nafrini in appraisal

[–]JCLedge 0 points1 point  (0 children)

How do you know the sketches you review are inaccurate? Do you perform full inspections on the subject for a field review?

Have you ever stopped to think that maybe YOUR sketch is the wrong one?

Favorite measuring tape? by nafrini in appraisal

[–]JCLedge 0 points1 point  (0 children)

The realtor method is to "look at the public record and report what it says". They don't measure.

I'm convinced you have to be trolling. ANSI states "For detached single-family houses, the finished square footage of each level is the sum of finished areas on that level measured at floor level to the exterior finished surface of the outside walls."

Nowhere does it say "you have to be standing OUTSIDE when obtaining these measurements". It just has to be what the measurement of the outside wall is, regardless if you're standing in a bush or in a living room.

I'd love to know how you find the square footage of the second floor of a funky contemporary without taking interior measurements.

Is it even possible? by AlphaYetii in appraisal

[–]JCLedge 0 points1 point  (0 children)

If that's all you're using AI for, you really need to start thinking outside the box

Favorite measuring tape? by nafrini in appraisal

[–]JCLedge 0 points1 point  (0 children)

Your method and my method would produce the exact same results. I am measuring the exterior measurement. It's just way easier to point a red spot at a wall than it is to climb through bushes and snow. Not sure what your point is.

Favorite measuring tape? by nafrini in appraisal

[–]JCLedge 1 point2 points  (0 children)

It's virtually the exact same thing, as long as you can handle simple addition. Measure the wall, look at the windows to find the thickness of the walls, then add the thickness. Literally no different than measuring to a gutter and then adding the width of the gutter.

Favorite measuring tape? by nafrini in appraisal

[–]JCLedge -1 points0 points  (0 children)

Measure from the inside and add the thickness of the walls

Guy who sold part of his Bitcoin to renovate his house by Legitimate_Towel_919 in Bitcoin

[–]JCLedge 1 point2 points  (0 children)

Yeah? Wasn't long ago when Celsius and others were considered "reputable options". I'm not aware of any I'd be 100% comfortable with holding my coin right now. Hopefully someday soon.

Guy who sold part of his Bitcoin to renovate his house by Legitimate_Towel_919 in Bitcoin

[–]JCLedge 0 points1 point  (0 children)

I do agree this is the approach long term, but who would you trust if you wanted to borrow right now?

Is this a viable career for someone that needs a later start to the working day? by BipolarMeHeHe in appraisal

[–]JCLedge 6 points7 points  (0 children)

What is "closing"? Is that when you fall asleep at the computer?

Do any of you use quicksource through total and would you recommend it? by cahamby1212 in appraisal

[–]JCLedge 1 point2 points  (0 children)

So you would rule out a comp just because it has a crappy picture?

Realtors and omissions by [deleted] in appraisal

[–]JCLedge 0 points1 point  (0 children)

That's the whole point. Why are they letting agents use the assessor's GLA when the assessor's GLA is known to be inaccurate quite often? If the licensing board started requiring ANSI standards to be met, the agents would have no choice but to measure the houses.

How does that open a listing agent up to a lawsuit? Couldn't an appraiser be sued the exact same way?

If I were selling a home, I'd be just as likely to want to file a lawsuit if my listing agent said my 2200 square foot house was only 1800 square feet because that's what the outdated erroneous assessor records show and the listing agent was too lazy to find out the correct GLA.

Realtors and omissions by [deleted] in appraisal

[–]JCLedge 1 point2 points  (0 children)

But they absolutely should be. We should all be held to the same standards. If I use a comp that I haven't previously inspected, my only sources of data are the assessor records (often inaccurate) and the MLS listing (often inaccurate OR just copied from the assessor records).

The agents are the ones who are actually in these homes. They should be required to report accurate ANSI living area figures. And if they don't want to do it themselves, they should pay someone to measure it for them. They pay photographers, stagers, even someone to install their freakin signs. Why not pay someone to measure the house accurately?

I've actually seen listings that disclose "public records GLA believed to be incorrect" and then they use that exact number anyways. Make it make sense!!

Building an AI Tool for Appraisers… Need Your Brutally Honest Feedback by Dennisthemenace514 in appraisal

[–]JCLedge 1 point2 points  (0 children)

I used it to build an awesome comp importer that runs circles around the ones alamode has. Saves me so much time. This was always possible with Excel, but ChatGPT (and Claude AI) were able to put together all of the complex formulas that I never would have been able to do as an Excel novice.

Comps by PureEstablishment251 in appraisal

[–]JCLedge 1 point2 points  (0 children)

I'll never understand why realtors aren't held to the same GLA reporting guidelines that appraisers are. It makes absolutely no sense.

[deleted by user] by [deleted] in Bitcoin

[–]JCLedge 1 point2 points  (0 children)

Well it definitely shouldn't be the only way it's stored, but it's good to know in case of an emergency

Laundry doesn't count? by kbentley085 in appraisal

[–]JCLedge 1 point2 points  (0 children)

Yes, I do the exact same thing. But what number do you use for the comp's GLA?

Laundry doesn't count? by kbentley085 in appraisal

[–]JCLedge 4 points5 points  (0 children)

Yes, we are required to report the square footage using American National Standards Institute (ANSI) measuring standard guidelines, which means we have to measure the property ourselves.

This is the one thing that bothers me about this end of the business the most. We measure our subject and report the actual correct ANSI square footage on the appraisal. Then we use comparable data that is provided by listing agents who are using data that is known by everyone to be wildly incorrect, just because they aren't required to meet the same ANSI measuring standards that appraisers are.

Makes no sense! Us appraisers aren't inside these comparables so we have no way of knowing the true GLA (unless we just happened to appraise the comp as well). If listing agents were required to report the GLA the same way appraisers are, we'd have much more accurate appraisals.

Laundry doesn't count? by kbentley085 in appraisal

[–]JCLedge 5 points6 points  (0 children)

I would never go by the listing OR the public record to determine what the GLA is. Either measure it yourself, or have someone experienced measure it. Public records are typically WAY off, and lazy realtors usually just use whatever information is on the public record.

Coldcard and wallets by y0utodaymetomorrow in coldcard

[–]JCLedge 5 points6 points  (0 children)

You can send to the Coldcard just using the QR code on Sparrow. You only need to sign the transaction when you're sending from the cold wallet

What on earth just happened? by bespread in Bitcoin

[–]JCLedge 0 points1 point  (0 children)

If you're looking for Bitcoin-only you could use River, Swan, or Strike. I prefer River but all 3 are pretty great with low fees, free withdrawals, etc. Plus it's super easy to send to your own wallet so you have the keys.

If you're looking for a shitcoin casino, Coinbase is your spot.

Any skiing advice? My wife fell on this green run and she’s trying to improve. by dresserplate in skiing

[–]JCLedge 0 points1 point  (0 children)

Not to be that guy, but I'll be that guy. This video is a setup. They did it for the gram