Brenda Dohring 
 
January 15, 2010 
 Volume 6 - Newsletter 1 
Streamlining the Business of Commercial Real Estate for Appraisers
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In This Issue
Appraisal Best Practices
DataComp Tip
EDGE Insights
Past Newsletters
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No. 1 Selling Comp
Database Software
DataComp Live Demo
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DataComp
Are You Current?
DataComp Version 6 is now available.  Please contact 813.221.0703 or  Sarah for further details.
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DataComp
Additional Services Available
Need more custom fields in DataComp© but don't have the time to set them up?  We now offer service to set up your Custom Tabs for you.  The price varies depending on how many fields you want configured.
 
Don't forget...you can also contact us about setting up your DataComp© Custom Outputs for both Word and Excel.
 
Interested?  Please contact Sarah Razai at 813.221.0703.  She will be happy to help.
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YouConnect Product Page 
YouConnect© is a web-based Appraisal and Vendor Management solution enabling institutions to automate and steamline this part of their business, while satisfying federal and state examination and auditing requirements.
 
For more information, please visit our website, call 813.349.2700, or email Sunda.
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For more information;
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Hour Glass 
Limited Time Only
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EDGE/DataComp
Bundle Pricing!
Save up to 30%
 
Contact Adam or call 813.349.2700.
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 EDGE
Additional Services Availabl
Too busy to create your own Custom Templates?
We're here to help.
 
We now offer services to create your Custom Templates for use with our appraisal writing software, EDGE.
 
Interested?  Please contact Sarah Razai at 813.221.0703.  She will be happy to help.
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For more information on RealWired!© Products and Services, please visit our website, call 813.349.2700, or email Sunda.
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Quick Links
APPRAISAL BEST PRACTICESJeff Hicks
by Jeff Hicks, President
The Dohring Group/realwired!©
 
We have been gathering best practice tips for over ten years from the best appraisers in the country and now we'd like to share them with you.
Just One Thing
I think Americans are trained to view a great meal in terms of how many pounds of food they get rather than taste.  I might be over-generalizing somewhat, but I just got back from Rome and I can tell you smaller portions with lots of taste is where it's at.  It also leaves plenty of room for tasty red wine.
 
Often times when we appraisers think about increasing office efficiency, it comes down to an all or nothing proposition.  In other words, if I can't substantially increase efficiency without investing hardly any time, I'm not interested.  I'm too busy cranking out appraisals the way I did in 1992 to really seriously look at solutions.
 
I do like to make fun of my appraiser brethren and "sisteren".  I'm sure there are many appraisers that are much more efficient than I, but I want to share one tip.  First of all, for those of you that have the typing skills of a six-year-old (that would include me), Dragon Naturally Speaking word recognition software is excellent. This newsletter was created using this product.
 
The accuracy of this type of software is much better than even a few years ago and they now have the ability to add text and graphics with one command.  Imagine...you can create a library of boiler templates which reflect a text and graphics that can be inserted in Word directly.  For example, I can be dictating a section of the Highest and Best Use and say the words "insert Hillsborough County CG zoning".  The software inserts my pre-saved boiler plate which describes this zoning classification in text, plus a chart presenting building setbacks, floor area ratio, maximum building height, etc.;  all with one command.
 
I know we are all busy, but take the time to do one thing that will improve your office efficiency.  If you haven't already, I recommend you buy DataComp, our comp management software and EDGE, our commercial appraisal report writing application.  The latter is built into Word, requires little training and allows the use of Dragon Naturally Speaking.  The synergy of DataComp, EDGE and Dragon is worth your time.

Don't take my word for it.  Go to this link, Using Voice Commands, Creating Custom Voice Commands and view the demo.
 
If you  have an appraisal "best practice" you would like to share, please forward to Sunda@realwired.com .  If your best practice is selected, your name and company will be showcased.
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DataComp© Tip
DataComp Version 6
We are pleased to announce the release of DataComp Version 6.  Compatible with both Windows 7 and Windows Server 2008, this release features an updated version of SQL Server Express.  In addition, DataComp 6 will offer the new MapPoint feature.  This feature interacts to and from the MapPoint software for lookup and reverse lookup functionality.
 
In the following example, our goal is to quickly find recent comps in downtown Tampa.  We first searched for comps in DataComp that sold in Hillsborough County, with a sale date greater than 2008.  The comps were then exported to MapPoint via "Send to Map" button.
 
The appraiser then further narrowed the number of comps by drawing a box over downtown Tampa in MapPoint, then clicking on "Get Area" in DataComp.  The dozen or so comps then appear in the search tab in DataComp.
 
For more information on DataComp 6 or the MapPoint feature please call 813.349.2700.
 

DataComp 6 Improved Sales Record

 DataComp Mapoint
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Your DataComp Data is Important!  Traditional back up programs may not be saving your data.  Ensure that your data is safe by using the DataComp backup function.  Instructions can be found
here.
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EDGE   
Insights
EDGE and DataComp
EDGE was designed to work with DataComp software in order to make your report writing even easier.  Simply print your comps (land, improved or rents) from your in-house DataComp database to Word (write-ups) and Excel (adjustment grids).  Then link EDGE to your saved Word doc and Excel grids to be merged into your appraisal report.
 
EDGE Valuation Tab
 
Example of Comp inserted into Report after merge.
 
EDGE Word Screen
 
Example of Excel Adjustment Grid and Comp Map
 inserted into Report after merge.

EDGE Excel Adj Grid and Comp Map

 
For more information on the EDGE reporting writing software please call 813.349.2700.