Sunday, November 13, 2011

I like the sound of my own writing fail

So, you like to write a lot, don't you Mr. Appraiser...

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Got a funny or confusing real estate related item that you think should be on our blog? The funnier the better. Email to appraiserfail@gmail.com and include your contact information. One important guideline- don't include pictures that would easily identify people or specific places- so no faces, no business names, no license numbers, no phone numbers, no full addresses, etc. If any of these items are included, we may still be able to post them, but we'd have to take care of a few things to make it copacetic.

Tuesday, November 8, 2011

Wednesday, October 12, 2011

Everything Fail

Talk about failure on multiple levels. 
1. Don't use analogies in your appraisal that might not ring true to those who aren't car enthusiasts. 
2. Don't mispell "analogy". 
3. A 1959 Mustang?  What does that look like?

Thursday, September 29, 2011

BPO Fail

No, it's not an appraisal, but some people think they are.  Here's another high quality BPO

Another Front and Rear Photo Fail

You're supposed to take photos of the front and back of the house- and it also emphasizes that you were actually there...  on one day...

Sunday, August 14, 2011

Cooling Fail

Maybe there's no central air... maybe there's no radiant heat... maybe there's no wall ac, but I think by this definition, we all have natural cooling...



Friday, July 29, 2011

Planning Ahead Fail

They couldn't finish the first word before they ran out of room. Further emphasis that they were bad at planning their future

Friday, July 22, 2011

Why we need the UAD

The new Universal Appraisal Dataset is coming soon. Want to know why? Entries like this... unless Southern California has its own local jargon

Tuesday, July 19, 2011

Slight Misunderstanding Fail

so it's "only" a 9% shift in value over 6 months- which annualizes out to 18%... that's not a decline?

Friday, June 17, 2011

Overzealous BPO Fail

When doing a BPO or REO appraisal you're supposed to note all the things wrong with the home. This might be a little excessive

Thursday, June 2, 2011

Tuesday, May 31, 2011

Bathtub/Closet/Photo Description Fail

I'm not sure if this is
  • bad photo labeling
  • bad placement of a bathtub
  • an electrical hazard
  • poor taste in color
  • all of the above.

Friday, May 20, 2011

Front and Rear Photo Fail

We all work at different speeds, but if it takes you six months to move from the front of the house to the back of the house, you're not really efficient

Thursday, May 19, 2011

Objective Narrative Fail



I'm not sure what is worse- describing the home like a Mark Twain novel- or considering this an "additional feature"

Friday, April 8, 2011

Reliability Fail

People complain that appraisers are overpaid and don't do a good job. That opinion is usually not deserved. In this case, it's deserved. "Thanks for paying me. Here's your appraisal that is worthless"

Thursday, April 7, 2011

Sketchy Situation Fail

We all have stories of scary appraisals. But most of us don't include the narrative of that in the actual appraisal.

Wednesday, March 30, 2011

Thursday, March 17, 2011

Kitchen Fail

Well, at least there's a microwave oven... oh wait, that's not a micro.  But there's plenty of counter space... oh wait, that's not a counter.

Tuesday, March 15, 2011

Proximity Fail

But these sales are all right next to the subject... Never mind the arrows... or the county line...

Wednesday, March 9, 2011

Street Name Fail


Sale 2 is on “Charred Cat Circle”
Sale 3 is on “Roadkill Deer Drive”
Sale 4 is on “Drowned Rat Road”

Friday, March 4, 2011

English Fail

I think I kind of know what you're talking about... no... actually I have no clue

Construction Fail

OK. This might be more of an issue of funny construction, but it was too cool to pass up. Is it a treehouse or a house tree?

Wednesday, March 2, 2011

Just Plain Lazy Fail

Neighborhood boundaries are supposed to be actual boundaries- whether they are streets, rivers, county lines, or even saying "Austin city limits".

Tuesday, March 1, 2011

Door to Door Vendor Fail

"Hello sir, I noticed that your curb address is faded. I'm putting myself through college and will paint your address attractively for you for only $10."

Marketability Fail

Some homes have marketability issues- perhaps mold, or it backs power lines, maybe someone was murdered there... or here's a unique reason.

Wednesday, February 23, 2011

My Name is Inigo Montoya

Vizzini: He didn't fall? Inconceivable!
Inigo: You keep using that word. I do not think it means what you think it means

Not sure what you mean Fail

Usually you can figure out what the appraiser meant to say... But not when they bring vegetables into their description

Friday, February 18, 2011

Monday, February 14, 2011

Racist Countertops?

If you've got Kimchi on your countertops, I'm pretty sure it's not something you mention in an appraisal. What's next, we can't say Mexican Tile?
 

Loudness Fail


There's nothing wrong with a little color... And those aren't shadows

Monday, February 7, 2011

Submit to the Real Estate Fail Blog

Got a funny or confusing real estate related item that you think should be on our blog? The funnier the better. Email to appraiserfail@gmail.com and include your contact information. One important guideline- don't include pictures that would easily identify people or specific places- so no faces, no business names, no license numbers, no phone numbers, no full addresses, etc. If any of these items are included, we may still be able to post them, but we'd have to take care of a few things to make it copacetic.

Flooring Fail


Nothing says classy shower more than plush carpeting

Thursday, February 3, 2011

Escher Fail

I think I know what he's saying, but then again, I have no idea

Color Choice Fail


Hey, don't judge- this can be considered tasteful... Do you realized that there's a dishwasher in thsi kitchen?

Analysis Fail

 Hey Mr. Reviewer, way to go the extra mile for the analysis



Lot Description Fail



When you describe the subject lot as "poor", that's your first problem. But then when you compare it to a lot that is an acre, then it gets confusing. That's like saying "My car is worth more than your good"

Stick with the Facts Fail

 When appraising a home, try to limit your report to material information about the actual home and property without judging... BTW, this is not considered a pool
 
 

Real Estate Fail Blog Guidelines

We hope to enlighten the world without specifically highlighting specific "professionals" or properties. When submitting photos, please redact any MLS numbers, names, phone numbers, complete addresses or otherwise identifiable information.

Bathroom Fail

Sure we call it the throne room, but this is ridiculous

Sad State of Foreclosure... and Mental Illness



I still remember the first clearly and sadly foreclosed home I appraised. It had toys and food and mementos still lying around. I soon started calling them "Rapture Homes" as in some cases some pretty substantial stuff was left behind. Of course there's also the angry people who destroy the home when they leave. But some people need to leave a more descriptive mark. It's a little hard to read by some of the quotes include "This room belonged to a very deranged person. Enter slowly with great care", "PS, I killed the last occupant of this room!", "And they kick you out of your house!"

Respect My Authority!

Appraisal analysis should be based on facts- The size of the property, the recent comparable sales, the trend of property values, amenities, etc. You may be "the man", but actually saying that in your appraisal doesn't make you an authority. Charlie Rangel has been in Congress for 40 years- that doesn't make him perfect.

The Reason for Comp Photos


Lenders want to know if a comparable sale is similar to the subject. That's why you're supposed to drive by the sales you consider and take a photo of them. Sometimes appraisers take the photo from MLS and use it- that's a no-no, but pretty easy to get away with. Some variations are a little harder to pass muster...