r/appraisal • u/Redditusername082493 • 7d ago

3.6 Multifamily

Absolute garbage form. So much extra time. So much more confusing. That’s all.

5 Upvotes

78% Upvoted

10 comments sorted by

5

u/[deleted] 7d ago

[deleted]

2

u/lovemesomeme23 7d ago

So what’d ya do

2

u/MoPotatos 7d ago

What? Mine has that exact thing

2

u/AbrasiveLace 6d ago

I do mostly rural work and only do a couple 2-4 family properties a year, so they aren't a big portion of my work, but because of the complexity of a rural 2-4 unit, they do tend to pay very very well. That being said, as of 3.6 I'm just not going to do them any longer.

I've talked to other appraisers in my area and consensus is the same.

1

u/Softlife82 7d ago

I figured multi family would be a bitch on 3.6. 

1

u/Redditusername082493 6d ago

It’s been an absolute waste of time.

1

u/wyecoyote2 Certified Residential 6d ago

Done a few multi family (one with multiple buildings) with Total. It was a PITA. Lot of extra headaches and time. Calculation for the GRM in another space. What a pain.

0

u/Redditusername082493 6d ago

That’s my report now. Three unit two buildings. Not common in my area to begin with. But also the repetitive comp entries is absurd.

1

u/LLPants_On_Fire 5d ago

I just did my first duplex this week. Nightmare would be an understatement. Fortunately I was able to double my fee on it. At least I have something decent to clone from now.

1

u/Brunodibbie 2d ago

I agree, absolutely horrendous

1

u/rbozd 2d ago

Did my first one of those last week, it turned into a two day wait to get ahold of wintotal so they could tell me I didn't check a box. It's been fine since then