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6

GRAMMAR &

STYLE

Tip No. 36 – Decade References

(excerpted from Cushman & Wakefield’s

Style Guide)

In text, write out phrases like “1998 to

1999;” do not use dashes in such phrases

(e.g., 1999-2001).

Do not use apostrophes when referring

to decades (e.g., 1990s, not 1990’s).

Do not abbreviate decades (e.g., 1980s

and 1990s, not 1980s and 90s, or

Eighties and Nineties).

In tables and graphics, dashes are

acceptable in decade ranges, but

decades should still not be abbreviated

(e.g., 1998-1999 instead of 1998-99).

Tip No. 45 – Excel Tips

by Curtis Buono, ARA, MAI, AI-GRS

A lot of people are familiar with the basic Excel keyboard shortcuts for copy and

paste and basic formatting functions, but these are just scratching the surface.

Excel has a ton of shortcuts that can eliminate clicks and make creating or editing

spreadsheets quicker and more efficient. These are some of the most helpful.

Shortcuts with cells selected:

Select Entire Column

Ctrl + Space

Select Entire Row

Shift + Space

Add Filters (only works in 1 row)

Shift + Ctrl + L

Delete Column / Row / Cell

Ctrl + -

Add Column / Row / Cell

Ctrl + Shift + "+"

Hide Selected Rows

Ctrl + 9

Hide Selected Columns

Ctrl + 0

Add Data Group (+/- to Hide/Show

Rows/Columns)

Shift + Alt + Right Arrow (add) or Left

Arrow (remove)

General shortcuts:

Navigate to Next Break

Ctrl + Arrows

Select While Navigating

Ctrl + Shift + Arrows

Open a Cell to Edit

F2 (ESC to close)

Change Cell Reference (in a formula)

F4

Open Cell Formatting Box

Ctrl + 1

Auto Sum

Alt + =

Trace Formula Precedents/Antecedents

(in a formula)

Ctrl + [ or ]

BEST PRACTICES & TIPS

Tip No. 44 – Estimating Effective Age

We’ve seen some inconsistency in how our appraisers treat effective age. Often the

effective age is estimated to be less than the actual age, without proper rationale

applied as to why. In theory, if a building is (say) seven years old and no capital

improvements have been invested, the effective age should be seven years. It is not

unusual, however, to see the effective age at five years or less.

Estimating effective age is inherently subjective and contingent on the property’s

appearance, level of maintenance on the mechanicals (not apparent from a typical

inspection), utility relative to other properties, and other factors. The estimate can be

complicated – the owner is relatively new to the project and historical maintenance

and capital improvement information is unavailable.

In general, unless details on the property’s renovation history and maintenance

program are available, the subject’s effective age should be at or near its

chronological age. While exceptions clearly exist and the appraiser’s judgment is

critical, this general guideline should be followed when estimating effective age.

TECHNOLOGY

CORNER

CoStar Photographs

There has been some confusion about

whether we can include Costar photos in

our appraisal reports. Based on our most

recent contract, we are allowed to include

the pictures, but we must also include

proper attribution that the photos are

from Costar.

As a result, do not remove any watermarks

or other information from the images. If

the photos do not include a watermark, we

must note that the photo is from Costar

adjacent to where the picture is displayed

within the appraisal report.

Please contact

Tinequa Hunt

if you have

specific questions.