CoreLogic RealQuest Pro Explained
Jack Butala: CoreLogic RealQuest Pro Explained. Leave us your feedback for this podcast on iTunes and get the free ebook at landacademy.com, you don't even have to read it. Thanks for listening.
Jack Butala: Jack Butala with Jill DeWit.
Jill DeWit: Good day.
Jack Butala: Welcome to our show today. In this episode Jill and I talk about CoreLogic RealQuest Pro, explained. I love this topic.
Jill DeWit: I have so much-
Jack Butala: I love data and databases, but before we get into it, let's take a question posted by one of our members on LandAcademy.com, our online community, it's free.
Jill DeWit: Kevin asked, "How do I confirm acreage? The county I'm working in sometimes gives acreage in the parcel description, but most of the time it is left out. I have a few parcels that should be 5 acres showing up on the GIS map as more like 3 acres. I have looked at the map scale and approximate by converting the square footage into acres." Have you ever done that, Jack?
Jack Butala: Oh yeah.
Jill DeWit: Okay.
Jack Butala: In fact, as a rule, I don't trust the legal ... A lot of times, right of the legal description it'll say, unit 6, block 16, lot 42 of subdivision XYZ estimated approximate acres 4.12. I don't know why they would ever put themselves out in a situation like that to be wrong.
Jill DeWit: Right.
Jack Butala: The vast majority of the time it says exactly what I said in the legal description without the acreage, so I don't even trust it. I always confirm acreage, always. I do it through a math equation that we'll talk about. I'm just going to say it.
Jill DeWit: No, go right ahead.
Jack Butala: I don't want to complicate this.
Jill DeWit: That's okay. You know what ... Yeah right.
Jack Butala: Go ahead.
Jill DeWit: You try to ... That's the funniest thing I've ever ... The crap Jack says. "I don't want to complicate this." I am writing this down. Okay.
Jack Butala: You know what Jill says to me all the time?
Jill DeWit: Oh my gosh.
Jack Butala: "Please just make this easier to understand."
Jill DeWit: Can you get it over with?
Jack Butala: "Why do we have to talk about it for this long? It's so complicated. Gee, Steve, can you just be a different person?"
Jill DeWit: Just give me yes or no, just give me yes or no. Just kidding.
Jack Butala: "Let's improve you this week, Steve."
Jill DeWit: No.
Jack Butala: "We need to ... You've been my project on this for quite some time. I'd like to end my project."
Jill DeWit: You are not a project.
Jack Butala: When she calls me Steve it's serious. Steve's my first name.
Jill DeWit: Jack, you are not a project.
Jack Butala: Jack's my middle name.
Jill DeWit: Jack, you are not a project, you are a process. Someday ...
Jack Butala: There's been some times recently where you said, when you've been in sort of a compromised position, you've said, "Boy, there's nothing wrong with you at all today."
Jill DeWit: I just told you that this morning, did I not? I said you're doing everything right. It's all good.
Jack Butala: Savor this because it's not going to happen, maybe a year from now, again.
Jill DeWit: It only took me how many years to figure this out?
Jack Butala: How do you find out acreage? This is how you do it. With any luck the property's square, so length times width. If you have a plat map and one side, there's a linear feet, the other side there's linear feet, you multiply those 2 and you get some number. There's 43560 square feet in an acre, 43,560. You just divide by that. The number that you multiply on the first, length times width, if it's smaller, it's going to be smaller than an acre. If it's bigger it's going to be bigger than that, it'll be non-divisible. It'll be divisible, it'll just be larger than the number 1. That's how you really confirm acreage.
What do you do when it's like a polygon, it's not square?