A Few Suggestions for Shorter Turn Times
The appraisal profession is evolving continuously. On a regular basis, it seems, appraisers are asked to include more information or have steps added to their data gathering. They do this additional work to guarantee their client is presented with the best data available. In order to keep up with the always changing requirements, WalshStreet Appraisals is always testing additional tools and improving processes to increase efficiency so we can do more work for you. Since WalshStreet Appraisals knows that time is important to everyone, here are some items you can do to lower turn times each time you order an appraisal with WalshStreet Appraisals.
- Are you ordering appraisals online?
- By ordering online, you automatically receive 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 manually enter information from a fax, and nor will you wonder whether we received the request.
- Are you providing complete and accurate data about the subject property?
- There's nothing like being one number off on the street address to add unnecessary time to an appraisal assignment. And if you have a tax parcel number, plat map number, subdivision name or anything else that uniquely identifies the property, please pass it along. Even a list of recent sales in the area is welcome — though be advised that professional appraisers must always do their own due diligence on comparable sales, and ours may differ from yours.
You're always 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 characteristics of the property that might make it unique?
- Cookie-cutter houses are relatively easy to appraise. Most of an appraiser's time is spent analyzing how unique features add 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 features of the home or surrounding area -- for example, it's had a recent addition put on, it's subject to zoning restrictions, it's prone to flooding. These are things we would find out on our own anyway, and knowing them as soon as possible is likely to make your report arrive faster.
- Let the occupants know what to expect.
- Setting an inspection time and date with the homeowner can be one of the most inefficient tasks in the appraisal process. Some current homeowners are justifiably uncomfortable with the fact an outsider wants to come in their home, look around, and make abundant notes. Under the impression that it will make the house appraise for more money, a few homeowners feel they need to make the place spotless before the inspection. So they reschedule the appraisal inspection until they have cleaned.
Hearing it directly from you -- someone they've been working with on their loan -- a little information about the appraisal process, who we are, and especially that dusting and polishing won't affect their home's value one little bit, and likely shorten the time it takes to inspect a home. Our website has numerous pages of relevant information about the appraisal process for homeowners. Please feel free to share it with your clients. Tell them to call us if they want to become familiar with the staff and our services. Remind them it's in their interest to set the appointment quickly!
- Use our website to track your report's status.
- 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 is available instantly to you online. There's no easier or faster way to keep track of your report's status.