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ARE COMP PHOTOS A THING OF THE PAST?

The Appraiser Coach

Different types of appraisals call for different needs. As an appraiser, you are the most qualified to make choices regarding an appraisal. With the advent of the hybrid appraisal, it seems that the need for comp photos has become obsolete. What’s important to remember is the realm of your scope of work.

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YOUR SCOPE OF WORK IS UP TO YOU

The Appraiser Coach

Imagine you are doing an appraisal for a single family home on three acres and, upon analysis, you realize there is more value in subdividing the lot. Then you find out the buyer is buying the property to benefit from that value and already has the subdivision process in the works. The appraiser is in charge, the appraiser directs it.