A Few Hints for Swifter Turn Times

The appraisal profession is evolving constantly. On a regular basis, it seems, appraisers are asked to present additional information or have steps added to their data gathering. They do this additional work to guarantee their client receives the best information that can be achieved. In order to stay current with the always changing requirements, WalshStreet Appraisals is always seeking additional tools and improving processes in order to increase efficiency so we can do more work for in less time. At WalshStreet Appraisals we know that time is important to everybody, so below are a couple of things you can do to speed up the process on any appraisals ordered with WalshStreet Appraisals:

  1. Are you ordering appraisals online? With online ordering, you automatically get e-mail acknowledgements that the assignment was received, and fast, secure .PDF format report delivery. This tip alone will save the most time! We don't have to manually enter information from a fax, and you don't have to wonder whether the order was received.

  2. Complete and accurate subject property information is key. Having just one number incorrect on the street address can really unnecessarily slow down an appraisal assignment. Unique identifiers like a tax parcel number, plat map number, or subdivision name are good data to include with your assignment. Even a list of recent sales from the area is welcome — however, remember that professional appraisers must always do their own due diligence on comparable sales, and ours may differ from yours.

  3. If you have any questions about your property or an appraisal we're working on for you, you're always free to contact us

  4. Are you letting us know up front any features of the property that might make it distinct? Cookie-cutter homes are relatively easy to appraise. What takes time is analyzing how differing elements contribute to or detract from what otherwise would be a property's market value. When ordering your report, let us know if there are unique elements of the home or surrounding area -- for example, it's recently had an addition constructed, it's subject to zoning restrictions, and it's prone to flooding. While these are things that we'll find out on our own, knowing them as soon as possible will likely make your report arrive without delay.

  5. Be sure the occupants know the plan. One of the most tedious parts of the appraisal process is confirming an inspection date with the homeowner. It's understandable for a homeowner to be apprehensive with an unknown person inspecting every corner of their home, taking photos, and making numerous notes. One common belief is that they need to make the place spotless before the appraisal inspection, with the belief that will increase the value . So they put off the appointment until they can get around to cleaning.

    Hearing from you -- a trusted party with whom they already have a business relationship -- a little bit about the appraisal process, who we are, and especially that dusting and polishing won't change their home's value one bit, will help move the process along for everyone. Our website has numerous pages of helpful information about the appraisal process for homeowners. I encourage you to share it with your clients. Have them call us if they want to meet the staff and learn more about our services. And tell them it benefits them to set the appointment without delay!

  6. Use our website to track your report's status. Why are you still playing phone and fax tag when our website offers up-to-the-minute status updates available online, anytime, 24/7? As each important milestone in an assignment is completed, that information is available to you online. There's no faster or easier way to keep track of the status of your report.