5 Hints for Swifter Turn Times

The appraisal profession is constantly evolving. Regularly, it seems, appraisers are asked to include more information or have steps added to their process - all to ensure their client receives the best analysis possible. To stay current with the constantly changing requirements, WalshStreet Appraisals is constantly acquiring new tools and improving processes in order to increase efficiency so we can do more work for our customers. Since WalshStreet Appraisals knows that time is important to everyone, we've listed a couple of things you can do to accelerate the process on any appraisals ordered from WalshStreet Appraisals:

  1. Order your appraisals electronically. When you order online, you get automatic e-mail acknowledgements that the request was received, and fast, secure .PDF format report delivery. This tip alone will save the most time! We don't have to re-key information from a fax, and nor will you wonder whether the order was received.

  2. Verify that the subject property data is accurate and complete. Having just one number incorrect on the street address can really unnecessarily interrupt an appraisal assignment. Unique identifiers like a tax parcel number, plat map number, or subdivision name are good data to pass along with your assignment. Even a list of recent area sales is welcome — however, remember that professional appraisers are lawfully required to 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 welcome to contact us

  4. Let us know up front of the property's unique characteristics. 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 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 features 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 susceptible to flooding. While these are things that we'd find out on our own, knowing them as soon as possible makes your report arrive earlier.

  5. Set proper expectations with the occupants. One of the most inefficient steps of the appraisal process is confirming an inspection date with the occupants of the home. Many current homeowners are understandably apprehensive with the idea that a stranger wants to come in their home, look around, and make abundant notes. With the idea that it will make the house appraise for more money, many homeowners feel they have to make the place spotless before the appraisal inspection and will delay the appointment until they have cleaned.

    Hearing it directly from you -- a trusted party with whom they are already working -- 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. I encourage you to point your clients to our website, where we have several pages of relevant information for homeowners and others about the appraisal process. They can even call us if they want to become familiar with our staff and services. Remind them it benefits them to set the appointment soon!

  6. Use our website to keep track of 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 we complete each important milestone in an assignment, that information is available to you online. It's never been easier to keep track of the status of your report.