Appraisers Blog

OCTOBER 27, 2023

Actually, it WILL be included, based on my observation of a draft document of the upcoming ‘dynamic’ forms. Census Tract numbers have PERSONAL DEMOGRAPHIC info which we cannot use to consider which homes to use for comps. In reply to Spencer Paul.

Appraisal 75

Appraisal Comps 75

Reynolds Holding

JUNE 30, 2024

The exec comp ratification proposal requires approval from a majority of the common shares attending the 2024 annual meeting. Also, Elon and Kimbal Musk cannot vote on the exec comp proposal. Elon also owns options on another 303 million shares, the very ones that the exec comp ratification proposal seeks to affirm.

Comps 75

Comps Start-ups 75

Appraisers Blog

JUNE 27, 2023

This is your last step not your first, after assembling a complete comprehensive set of supporting documentation. It may be acceptable to comp 20 years apart, if the homes have similar effective age. First you assemble proof and documentation, then make complicated decisions from there. One sale example does not set the market.

Appraisal 76

Appraisal Comps Marketability 76

Value Scope

JANUARY 13, 2021

But the real issue has to do with a lack of clarity in the text of royalty and lease documents. It would be even better if lease and royalty documents were drafted more carefully! How can we draft these documents more clearly so as to avoid disputes, particularly when commodity prices are low? (I NationsBank, 939 S.W.2d

Fair Market Value 130

Fair Market Value Discounted Cash Flow Marketability Treasury 130

Appraisers Blog

MAY 3, 2023

Where are those indicators for individual comps? I hope that market exhibits section handles massive page overflow, to handle multiple uploads of multiple page market research documents. There is a net adjustment total, missing a percentage indicator, and no gross adjustment total, also missing a percentage indicator.

Appraisal 98

Appraisal Comps Start-ups Compliance 98

Appraisers Blog

OCTOBER 3, 2023

The appraisal is a legal document not some trinket or puzzle set there so appraisers and tech companies can unlock the potential of maximum efficiency with minium effort. ’ Just assume you will not be given opportunities to defend your work at a later date and treat every appraisal as a stand alone legal document in unknown hands.

Appraisal 75

Appraisal Comps Compliance Equity 75

Value Scope

JANUARY 13, 2021

But the real issue has to do with a lack of clarity in the text of royalty and lease documents. It would be even better if lease and royalty documents were drafted more carefully! How can we draft these documents more clearly so as to avoid disputes, particularly when commodity prices are low? (I NationsBank, 939 S.W.2d

Fair Market Value 100

Fair Market Value Discounted Cash Flow Marketability Treasury 100

Brian DeChesare

JANUARY 24, 2024

For reference, the case document said to expect profitability by the end of the 5 years. Liquidation Preference – The case document says the €60 million primary purchase has a 2x liquidation preference, but the €50 million secondary purchase does not. trailing revenue multiple and 4.4x forward revenue multiple.

Equity 105

Equity Private Equity Firm Start-ups Comps 105

Appraisers Blog

NOVEMBER 20, 2023

Some sort of document regarding the 2023 call to letter writing action regarding regulation of avm utilities. Then as an appraiser, you can fit right in. This is interesting and a new find I ran across right now looking for links for CU reviewer checklists. I’ll try to make time to review.

Appraisal 75

Appraisal Comps 75

Appraisers Blog

NOVEMBER 15, 2023

Appraisal mix and matching comps is allowed regardless of age and it’s a rare situation where you can’t get those one or two sales if in declining market or new construction, etc, but even then there may be a way around that with expanded distance research.

Appraisal 76

Appraisal Marketability Comps Compliance 76

Value Scope

SEPTEMBER 24, 2020

BlackRock, mentioned above, publishes a SASB disclosure document, easily downloaded from its website. 6 This very disclosure document highlights the fact that a company’s bottom line and its brand can be impacted measurably by environmental and social indicators. The re-levered Beta for the private company we were valuing was 0.56.

Intangible Assets 130

Intangible Assets Alpha Beta Marketability 130

Appraisers Blog

AUGUST 29, 2022

When reading over the Baltimore document, it appears painfully clear (to me) that there is a competency issue exposed. This document is fairly specific, in that it reveals quite a lot about the two appraisals performed, including the home locations for the ‘comps’ used.

Comps 98

Comps Appraisal 98

Appraisers Blog

JANUARY 2, 2025

FNMA initiated buyback and state complaint and are saying I used improper comps cause they are in a different HS zone despite the comps being ~0.6 miles away with a supported/documented adjustment and despite me including 3 comps in the same HS zone and all are in the same ISD.

Comps 98

Comps Banking 98

Appraisers Blog

JANUARY 2, 2025

Also illustrating the importance of the appraisers workfile documentation efforts. Imagine trying to justify picking comps only in this boundary regardless of distance or comparative housing quality. Bet a pepsi the lenders internal avm model picks comps across the school district boundary. Image attached. . /

Comps 98

Comps Appraisal Equity 98

Appraisers Blog

FEBRUARY 20, 2025

Similar to the 00’s housing bubble blow up and comp searches. I recall a mortgage broker telling me directly; We only want highest and best comps, the condition of the property does not matter. In such a large body of housing, highest and best sales do happen, and everyone chases those values. Refried refi’s.

Appraisal 98

Appraisal Comps Marketability 98

Appraisers Blog

FEBRUARY 19, 2025

And when your comps are more narrowly matching, there is less need for as many adjustments or as large of adjustments because they’re closer matches from the start. ALL APPRAISERS must support market trends and time adjustments with clear and documented analysis. Not because I care if they had the answers right.

Appraisal 98

Appraisal Start-ups Comps Marketability 98

Equidam

MAY 2, 2025

In the context of startup valuation, “comparables” (often shortened to “comps”) refer to companies that are used as benchmarks to help estimate the value of the startup in question. Early-stage comps focus on potential, while later-stage comps incorporate more financial performance data.

Comps 64

Comps Marketability Technology EBITDA 64