Every appraiser has their own way of doing things. That is one of the great things about our profession; we are still our own bosses and can still call (most of) the shots. I have been on field inspections with many appraisers. One thing that I can say is that there is consistency in diversity. Just when I think there are no new ways to do an appraisal inspection, someone shows me that I am wrong.
- No need to make the homeowner come to the door twice
- Can interview the homeowner first so you can look for items on the outside that they have already informed you about (i.e. the sprinkler system, well, septic)
- The time you interact with the homeowner (and thus take their precious time from something else) is likely less
- Get the shell drawn so you can fill in the rooms and details inside the sketch once you go inside
- Can ask the homeowner about anything unusual you might have seen on the outside without having to knock on the door again after you have already said goodbye
- Can double check your measurements (adding 6 inches for each exterior wall) from the inside
- It’s just the cool way to do an appraisal inspection. Period!
Personally, I am an Outside-In kind of a guy (if you couldn’t tell). I have done it both ways and I just like having the outside walls drawn first so I can work on the room placement later. What about you? How do you do an appraisal inspection?
Now, go create some value!
Dustin Harris is a super-successful, self-employed, residential real estate appraiser. He has been appraising for nearly two decades. He is the owner and President of Appraisal Precision and Consulting Group, Inc., and is a popular author, speaker and consultant. He also owns and operates The Appraiser Coach where he personally advises and mentors other appraisers helping them to also run successful appraisal companies and increase their net worth. He and his wife reside in Idaho with their four children.