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Email David Braun, MAI, SRA at: (dbraun@braunappraisal.com)
Join Our Online Forum: http://www.appraiserswatercooler.com/group/AVT
NEW VIDEOS! - Allow from 2-3 minutes for these to download and begin to play!
Total Solution - Video 3 - Intro to 1004 MC Addendum.swf
Download the 1004MC Quick-start Guides:
Listen to David Braun's "Intro to Total Solution"
Watch Video of the Total Solution Program
Join the Total Solution User Group Forum
Download Video - Steps to performing market analysis - 1004MC Total Solution
You must have either the 2003 or 2007 version of Excel installed to run the 1004MC Total Solution template!
Delivery by eMail within 24 hours!
Problem:Manipulating the location of the columns with the MLS data onto a spreadsheet is difficult for many residential appraisers to do.
Solution:With Total Solution© you drop the MLS data in with the fields (columns) in any order.
• Problem: Appraisers are not sure what constitutes the subject’s sub-market area or how that differs from the subject’s neighborhood.
Solution: These issues are thoroughly explained in the user manual.
• Problem: The 1004MC only uses data for 1 year. It is laid out as two quarters and one semester. It may not always lead the appraiser to the correct conclusion regarding the market’s trend (increasing, stable, and declining).
Solution: Total Solution© originates with a worksheet with an expanded 1004MC format going back 2 years (8 quarters) and has no semesters. It has some additional line items trended out o It has built-in charts that provide a visual representation of what the data is communication. It automatically charts the sales prices per square foot over time for additional support of the appraiser’s conclusions.
• Problem:An extensive reporting of the scope of work utilized to form an opinion of the state of the subject’s submarket must be performed.
Solution: Total Solution© has built-in features to automatically write much of the scope of work, and will lead the appraiser through the remaining steps.
• Problem:Completing this addendum from 30 or more MLS printouts could take hours. It could take over an hour even with some use of a spreadsheet.
Solution: Total Solution© is extensively automated, primarily utilizing “macros”. It will do three quarters of the work for you in seconds.
Once the analysis is complete a multi-page report is created including the actual 1004MC addenda, the appraiser’s 1004MC worksheet, opinions &conclusions, and the scope of work.
Other features will be added in the months ahead with no additional charge, check the site for a list of these additional features next week
Watch our video - Introduction to 1004MC Total Solution© - Download Solutions Intro Video
QUESTIONS? CONTACT - DAVID BRAUN, MAI, SRA
Regression Plus has been released - NOW AVAILABLE FOR PURCHASE!
Download Regression_Plus_User_Manual.pdf
Please review the product videos below . . .
Part I
Download Intro to Regression Plus Part 1.wmv (0.0K)
Part II
Download Intro to Regression Plus Part 2.wmv (0.0K)
Part III
Download Intro to RegressionPlus Part 3.wmv (0.0K)
USL Report Documenter II
* 
By David Braun, MAI, SRA
* This is not compatible with a 64 bit processor.
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Appraising in the New Millennium
Due Diligence & Scope of Work
By David Braun, MAI, SRA
Appraising in the New Millennium has been created by Automated Valuation Technologies, Inc. (AVT). The purpose of AVT is to fill the voids in appraisal practice that result from the rapidly changing appraisal environment.
David has been a pioneer in developing and reporting the scope of work. He developed and taught the first scope of work seminar, and was the first to use a computer program to aid in the development and reporting of the scope of work. The program USL Documenter II is available in conjunction with this book.
In an effort to share the knowledge he gained, he wrote the First and Second Editions of this book, which were published on the Internet and made available free of charge.
The Third Edition of Appraising in the New Millennium is sold in hard copy format for $39.99. [Click Here] The companion USL Appraisal Report Documenting Software will be available on disk for $99.00 from http://www.ScoopGear.com .
A Summary:
- Chapter 1 introduces the changing business environment with special emphasis on the recent emergence of risk-base portfolio management models that allow variations in the amount of due diligence based on perceived loan risk
- Chapter 2 addresses Professional Appraisal Standards and succinctly directs the reader’s attention to understanding the relevant USPAP sections on Scope of Work.
- Chapter 3 covers lawsuit prevention and liability management
- Chapter 4 covers Supplemental Standards, Contracts & Agreements and Client Input.
- Chapter 5 offers check lists and information relevant to diagnosing the problem and determining a solution. The author uses a case study method in this chapter citing 6 well thought out instructive examples.
- Chapter 6 covers the due diligence necessary to the intended user as one of forces influencing the Scope of Work Decision. In this chapter, the author makes the case that the appraiser must fully appreciate the intended users risk tolerance.
- Chapter 7 is the meat of the document and covers Scope of Work and the implications of varying the Scope of Work summarizing at the end of the chapter the costing out the appraisal components.
- Chapter 8 introduces the logical framework in which a Scope of Work Decision is made.
- Chapter 9 moves on the reporting requirements and communicating the Scope of Work decision. Again the case method is used to illustrate by example with 4 residential case studies and 2 commercial case studies.
- Chapter 10 contains a discussion of the impact of the Scope of Work Rule on the lending community.
The author of Appraising in the Millennium and the USL Software is David Braun. MAI, SRA. Braun has been involved in real estate appraising since 1976.
He is president of Braun & Associates located in Maryville, Tennessee, an appraisal firm with 13 employees. The firm serves the Greater Knoxville area. He has a Bachelor of Science degree from the University of Tennessee.
David is an approved Appraisal Institute Instructor and certified by the Appraisal Foundation to teach the Uniform Standards of Professional Appraisal Practice.
David Braun is also president and founder of Automated Valuation Technologies, Inc. a producer of appraisal seminars and software.
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