Residential Valuation 1
Where do you click to start a new valuation in RV?
New Estimate Button
What does the yellow alert mean in RV?
A warning
Oops! You triggered the demolition crew!
You lose 100 pts
Which Quality is higher, Average or Economy?
Economy
True or False: RV supports both residential and commercial valuations
False (Residential only)
True or False: RCT Express automatically updates cost data based on region
True
Is the tab that allows you to enter occupancy details for the buildind
Occupancy tab
BOOM! The building collapsed before you could value it!
You lose 200 pts
Kaboom!
Choose who loses 300 pts
What does MMH mean?
Mobile Manufactured Home
True or False: Commercial Express automatically saves changes when you move between tabs.
False (You must click Save)
Are the Architect Fees included in the valuations?
Yes they are
True/False. The A-Frame homes are beyond the scope of RV
True
Surprise! You just hit the self-destruct button!
You lose 400 pts
When entering building dimensions, this field specifies the number of floors
Number of Stories
Are the Contractor’s O&P considered Soft Costs or Hard Costs?
Soft Costs
The system uses this code to track estimates...
Estimate ID
It is built into the residence at the first floor or grade level that has living area above. What type of garage is it?
Built-In Garage
What is Reconstruction Cost in CV?
Is the cost to replicate a building property, at current prices, using like kind and quality materials, construction standards, design/layout and quality of workmanship
The “Construction” tab is used to enter two key details. What are they?
Construction Type and Quality