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5 Suggestions for Faster Turn Times

The appraisal profession is evolving constantly. Often, it seems, appraisers are asked to present more information or have steps added to their appraisal process - all to ensure the end user receives the most useful data possible. In order to stay current with the continuously changing requirements, WalshStreet Appraisals is constantly seeking new tools and tweaking processes to increase efficiency so we can do more work for faster. At WalshStreet Appraisals we know that time is important to everybody, so we've listed some tips 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 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 you don't have to wonder whether we received the order.

  2. Are you providing complete and accurate data about the subject property? Having just one number incorrect on the street address can really add unnecessary time to an appraisal assignment. Unique identifiers like a tax parcel number, plat map number, or subdivision name is great information to pass along with your request. Even a list of recent area sales is welcome — though be advised that professional appraisers are lawfully required to do their own due diligence on comparable sales, and ours might differ from yours.

  3. Feel free to call us at 323-936-9970 if you have any questions about your property or an assignment we're working on for you.

  4. Are you telling us up front any features of the property that might make it unique? Cookie-cutter houses are relatively easy to appraise. What takes time is analyzing how differing elements add to or detract from what otherwise would be a property's market value. When ordering your report, let us know if there are unique characteristics of the home or surrounding area -- for example, it's had a recent addition built on, it's subject to zoning restrictions, and it's predisposed to flooding. While these are things that we would find out on our own, knowing them early on makes your report arrive sooner.

  5. Be sure the homeowner knows the plan. Confirming an inspection time and date with the homeowner can be one of the most inefficient parts in the appraisal process. 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. A common belief is that they have to make the place spotless before the inspection, thinking that will increase the value . So they delay the appointment until they can get around to cleaning.

    Hearing it directly from you -- a trusted party with whom they already have a business relationship -- a little information 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. I encourage you to point your clients to our website, where we have lots of pages of useful information for homeowners as well as others regarding the appraisal process. Have them call us if they want to become familiar with our staff and services. And tell them it benefits them to set the appointment promptly!

  6. Our website is a great resource for tracking 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 instantly available to you online. It's never been easier to keep track of your report's status.