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Client Requirements:
SUBJECT MUST BE PHOTOGRAPHED. For Gated Communities, client expectation is to be resourceful to gain access. If home is on private road, obscured by foliage, or sits far back from the road, attempt several angles and zoomed in views. If unable to obtain any photos of the home, do not complete order and contact coordinator.
- ADDRESS ISSUES: If this is a condo or multi-family with missing unit number, or the actual property address is different from what was provided on the order, contact your coordinator immediately to verify.
- LAND ONLY, BURN-OUTS, RED-TAGGED, COMMERCIAL,
- or more than 4 units: Contact coordinator for how to proceed.
- The purpose of this report is to provide market value.
- Provide market exposure time of 90-120 day price for the as-is and as-repaired price; strongly consider DOM of comparable, location, condition of comparable and market conditions.
- Comparables must be located in the subjects immediate market area and be reflective of the current market.
- In markets that are moving quickly, active listings and properties under contract should be weighted along with closed sales to provide additional support for value conclusions.
- Please provide details of all value influencing features and consider in the price conclusion.
REPAIRS:
- Please exclude remodel and renovation costs. Assume as-is condition to be clean and secure. Do not include such items as cleaning or inspection fees, debris removal, landscaping, extermination costs, or costs to secure. Report only the probability of the existence of any hidden or unapparent condition. Do not estimate the cost to repair a condition you assume to exist (i.e. mechanicals, well, and septic).
- When repairs are necessary, please provide both properties that relate to the subjects as-is condition and as-repaired condition.
Photo Requirements:
Per client requirements:
Origination appraisal data, when available and presented during/before assignment, is final determination for subject property characteristics.
If you believe origination appraisal data is incorrect, please do not proceed.
Submit a message through the Voxtur Portal with data supporting correct subject property characteristics and we will address as soon as possible.
If prior interior valuation was completed, even if current vendor did not complete prior, condition is to be assumed as similar- please reach out to vendor management to obtain as needed.
If you are the Listing agent or in same company/office as Listing agent on this property, do not proceed with report and contact Voxtur.
By accepting this engagement you agree to complete the order having used the best sales/comparables available, and, upon request to satisfy our client requirements, agree to review any quality concerns in a timely manner.
COVID-19 Policy
Voxtur continues to monitor the COVID-19 pandemic closely as it is still an evolving situation. We are committed to prioritizing the health and safety of our employees, their families, as well as minimizing any risk to our contractors and customers. Therefore, we will continue following the guidance of the Centers for Disease Control and Prevention (CDC), as well as any other state or local health authorities’ recommendations, as applicable.
Vendor Independence:
The vendor’s opinion of value must be developed with independence, impartiality and objectivity. If the vendor encounters any attempt to influence, coerce or otherwise attempt to influence the outcome of the report by anyone associated with the valuation, they should immediately call their vendor management contact.
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