5 Hints for Shorter Turn Times
The appraisal profession is evolving at all times. Regularly, it seems, appraisers are asked to include extra information or have steps added to their data gathering. All of this is to guarantee their client is presented with the best data available. To keep up with the always changing requirements, The Appraisal Firm is always acquiring new tools and improving processes to increase efficiency so we can do more work for quickly. Since The Appraisal Firm knows that time is important to everyone, below are some things you can do to trim turn times when you order an appraisal with The Appraisal Firm.
- Order your appraisals online.
- By ordering online, you receive automatic e-mail acknowledgements that the request was received, and fast, secure .PDF format report delivery. Ordering online is the single biggest time saver available to both of us! We don't have to retype information from a fax, and nor will you wonder whether the order was received.
- Are you providing complete and accurate information about the subject property?
- There's nothing like being one number off on the street address to unnecessarily interrupt an appraisal assignment. Unique identifiers like a tax parcel number, plat map number, or subdivision name are great data to include with your request. We even welcome lists of recent sales from the area — though be advised that professional appraisers are lawfully required to do their own due diligence on comparable sales, and ours may differ from yours.
Feel free to contact us if you have any questions about your property or an appraisal we're working on for you.
- Are you telling us up front any features of the property that might make it unique?
- It's relatively easy to appraise a cookie-cutter house. Most of an appraiser's time is spent analyzing how features unique to a property contribute to or detract from what otherwise would be a property's market value. At the time you order your report, be sure to let us know if there are unique characteristics of the home or surrounding area -- for example, it's had a recent addition constructed, it's subject to zoning restrictions, it's susceptible to flooding. These are things we'll find out on our own anyway, and knowing them as early as possible will likely make your report arrive sooner.
- Let the occupants know what to expect.
- Confirming an appointment with the homeowner can be one of the most tedious parts in the appraisal process. Some current homeowners are clearly uncomfortable with the idea an outsider wants to come in their house, look around, and take abundant notes. Under the belief that it will increase the value, a few homeowners believe they ought to make the place spotless before the appraisal inspection. So they delay the appraisal inspection until they have cleaned.
Hearing it directly from you -- a person they have been working with on their loan -- some information about the appraisal process, who we are, and especially that dusting and polishing won't increase their home's value one little bit, and likely shorten the time it takes to inspect a home. I encourage you to point your clients to our website, where we have multiple pages of relevant information for homeowners as well as others describing the appraisal process. They can even call us if they want to familiarize themselves with our staff and services. And tell them it's to their advantage to set the appointment promptly!
- Easily verify the status of your report on our website.
- No more phone and fax tag. Up-to-the-minute status updates are available online, anytime, 24/7. As we complete each important milestone in an assignment, that information can be viewed instantly online. It's never been faster to track your report's status.