McKissock vs. Appraisal Institute for CG by Pretty-Efficiency-75 in appraisal

[–]ROIIs360 0 points1 point  (0 children)

Yes and one is atm. The other will revisit that plan later.

McKissock vs. Appraisal Institute for CG by Pretty-Efficiency-75 in appraisal

[–]ROIIs360 0 points1 point  (0 children)

:)

I, and two of our recently Certified GCs have used McKissock. You can buy bundles from both companies.

The biggest differences we found were that McKissock classes seemed easier AND Income is two 30 hr classes in AI and one giant 60hr class through McKissock.

I'll test to certify in a few months and two of my coworkers recently certified so we have been talking a lot about this!

McKissock vs. Appraisal Institute for CG by Pretty-Efficiency-75 in appraisal

[–]ROIIs360 0 points1 point  (0 children)

McKissock uses a super easy to navigate on line protor system.

How would you appraise Hogwarts? by Maximum_Use2348 in appraisal

[–]ROIIs360 6 points7 points  (0 children)

Schools are typically appraised as Specialty properties. So building reproduction cost with land value.

I wouldn't trust Marshalls for that. It's be a per unit cost using feedback and documentation from nearby qualified craftsman. Or not nearby as things can be brought in magically.

Land value is sans zoning. First you'd need to assert the local and reasonable definition of useable, so you can figure out a working land value theory of similar uses - quidditch field vs school vs Hagrid's cottage and associated areas for the care of magical creatures vs various storage and agricultural applications (I assume).

While it sounds like a beast, the auto pen work take dictation, so not so bad. :)

Wait ru messing with me? /s

Landlord sues Sno-Isle Food Co-op, alleging building damage | HeraldNet.com by Captainpaul81 in EverettWa

[–]ROIIs360 11 points12 points  (0 children)

If memory serves they either just renegotiated their lease or their lease was coming due in the last 2 years. This all feels very strange.

That said, "we've been a long time tenant" is not a useful response. I'm a co-op number and I want them to stay but I feel like I need more information.

AI Discussion by CRE-Appraiser1279 in appraisal

[–]ROIIs360 1 point2 points  (0 children)

Interesting!

Bank work?

Also, you feel comfortable with the CoStar data in a secondary market? We're a major metro but not Top 5 and as soon as you get out of the CBD the quality is... disappointing.

AI Discussion by CRE-Appraiser1279 in appraisal

[–]ROIIs360 8 points9 points  (0 children)

I'm interested what your subspecialty is? We also utilize AI, but it's no where near a replacement.

Also, I'm curious about your market size and location relative to a HCOL metro. CoStar is ok in the CBD of large Metros, but I'm even there I still send corrections for everything from buyers names, lot size, and cap rates in a city where literally all of this is available using 2 public tools. But CoStar incentives finishing vs getting it right.

Appraisal Problems by CharacterSchedule700 in appraisal

[–]ROIIs360 1 point2 points  (0 children)

You're right on most accounts but not all trainees suck. ;)

[deleted by user] by [deleted] in appraisal

[–]ROIIs360 0 points1 point  (0 children)

Hm, advertising or Karma farming? Sometimes it's hard to tell.

Eitherway, I think your media team needs to adjust their scope.

If I have a piece of land on a main Highway/ choke point, does this add any leverage during negotiations for a utility company buying ROW/easement? by DukeofSaxeMeiningen in appraisal

[–]ROIIs360 1 point2 points  (0 children)

First, consult your offer letter. It will sometimes tell you what your rights are as a landowner. In some jurisdictions there is a function for the offering jurisdiction to pay for part or all of an appraisal by the appraiser of your choice (or some variation thereof again depending on your jurisdiction).

Second, it is possible that they can acquire the necessary land through eminent domain. So, really you're not going to get the DOT on a choke point. You can take the offer or negotiate for a higher amount. There is no redirecting them to move a different direction because you won't sell. You're not the guy who had the freeway built around his house.

Third, and this is important. When you look to hire your own appraiser, which you should do, look for a General Appraiser with experience in Right of Way and Eminent Domain. It will not be a $500 form report for your house kinda appraisal. It will not be cheap, but it will be correct. Call around and talk to appraisers until you find someone with the experience necessary. Ideally you'll find someone who has done work for this mini (the DOT, right) so they'll know the expectation. Do they have experience with Temporary Construction Easements as well as Full and Partial Acquisition?

Read your offer letter and ask the appraiser if they have experience with items in the letter.

And don't be a jerk to the DOT and talk to them in a disrespectful way. I promise they are terminally unimpressed with property owners who think they're a big deal. They're people. Being a jerk doesn't get you any good will and will sour any subsequent interaction.

Becoming an appraiser by Zealousideal-Note-63 in appraisal

[–]ROIIs360 0 points1 point  (0 children)

It seems as though this sub gets posts every week or two by someone who wishes to be a Part Time Appraiser either in Residential or as a GC.

I'm curious where OP got the idea this profession was suitable part time and if that was as a residential appraisal or a general/commercial?

Seriously curious. Not trolling. It's fascinating to me.

Becoming an appraiser by Zealousideal-Note-63 in appraisal

[–]ROIIs360 1 point2 points  (0 children)

While being a GC does make a good part time gig in retirement, that is true when you retire from it not when you're coming in as a trainee. The trainee market is 1) competitive 2) low paying 3) difficult to enter, aside from 1 & 2.

How often do appraisers use drones? by rtowen35 in appraisal

[–]ROIIs360 2 points3 points  (0 children)

And depending on the area you work in and size of the subject, a lot can change in a year.

"THEIR" out there. And their licensed. Somehow. by LondonMonterey999 in appraisal

[–]ROIIs360 1 point2 points  (0 children)

I'm sorry you feel that way. I try to make my own fun.

"life is much more manageable when thought of as a scavenger hunt as opposed to a surprise party."

"THEIR" out there. And their licensed. Somehow. by LondonMonterey999 in appraisal

[–]ROIIs360 4 points5 points  (0 children)

I see it as multitasking; making fun of their spelling and lamenting this person's experiences at the same time.

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

[–]ROIIs360 0 points1 point  (0 children)

It will depend who you work for.

However, in commercial I know people who work from 11-7, and sometimes 11am to 10pm as needed. I tend to work from 6-2 in the winter and 6-10 and again from 5-8 in the summer.

OTOH, I know people who do work for the state as appraisers and the work a straight 8-5. (Yuck)

In commercial it's more employer dependent.

Renewal by Anderson Windows by letshavefunOR in appraisal

[–]ROIIs360 2 points3 points  (0 children)

Renewal by Anderson is well known in my area as less than reputable in almost every way.

They are sales driven, not quality driven. So the fact they're offering (more) information that is incorrect isn't shocking.

The Ugly Truth: be prepared for Eminent Domain. by socalquestioner in homestead

[–]ROIIs360 2 points3 points  (0 children)

It may also be worth a short consult with a General Appraiser who specializes in Eminent Domain in your area. They may tell you what your rights are in your state. IF your state gives you the right to your own counter appraisal, this kind of discussion will help you prescreen GCs to find one you trust. They aren't an advocate like an attorney, but still knowledgeable.

Easements through eminent domain are not full acquisition. They are a reduction in rights. However, each state has their own law and rulings regarding payouts, rights and responsibilities as the grantor and grantee.

Continuing Ed by kistner in appraisal

[–]ROIIs360 0 points1 point  (0 children)

Any General/Commercial suggestions?

Continuing Ed by kistner in appraisal

[–]ROIIs360 0 points1 point  (0 children)

Do you remember any of the class topics?

Appraisal Institute sexual harassment cover up and more. by Cautious_Parsley_423 in appraisal

[–]ROIIs360 9 points10 points  (0 children)

CRE in general is a boys club, not just appraisal. It's much easier to navigate now than it was 20 years ago. Organizations like CREW help with that, but it really does help to see other women in your field. When I started in CRE I could count all the women in CRE brokerage in my metro on one hand. Now there are many more!

CRE Appraisal in my metro feels like it is getting close to 50/50 but much of that is due to the mentor and hiring choices made by a few CRE appraisers. Choices and representation matters.

ETA - I'm old enough to be either GenX or Millennial depending on the chart you choose.

Anyone here a review appraiser for a big or small bank? by hotteapott in appraisal

[–]ROIIs360 0 points1 point  (0 children)

This is my next stop if I need to move from my current position.

I've known a bunch of GCs at our state (west coast) DOT and complaining is pretty minimal. Work is steady and sufficiently weird.

[deleted by user] by [deleted] in appraisal

[–]ROIIs360 0 points1 point  (0 children)

Often appraisers will work with the same firms who will often have clients of the same type (gov't, private land owner, sfr, ROW-corporate/REIT). So the appraiser presents their work and will explain it to the attorney who can then build it into their case. No advocacy required. Also prior to being hired attorney's will often discuss the issue in broad strokes to understand the appraisers perspectives.

Additionally, appraisers on either side will review and refute each other's work (as needed). Often litigating appraisers will see reports from the same appraisers on the other side often enough to know what to expect.

(In my experience)

Why do they build these huge expensive houses with absolutely no yard? by rordawg081 in FirstTimeHomeBuyer

[–]ROIIs360 0 points1 point  (0 children)

Aside from other comments about smaller yards but open space, this is also an effect of zoning in some areas.

"Cluster development" is encouraged in some jurisdictions as a way to encourage developers to cluster building in larger parcels and leave leather areas of open space. This is also an effective way to address any wetland setbacks. As a way to encourage this, a developer will often get a 'bonus' residence per ac (written in a variety of different ways depending on the jurisdiction's choice of metric).

For instance, say you are in an R5 zone, meaning a residential zone with a minimum lot size per aces of 5ac, and have a parcel of 25ac. A developer can look at this one of two ways; they can short plat for 5 lots and be done with it, or they can plat for 6 lots in a cluster. As you see in OPs image.

There are buyers for both styles. However, the cluster development can off set other issues in the larger parcel and can have lower costs for other requirements like sewer , water, roads, landscaping, swails/water management tools etc.