A Few Tips for Swifter Turn Times
The appraisal profession is evolving at all times. Each year, it seems, appraisers are asked to supply extra information or have steps added to their process. All to guarantee the end user is presented with the best data to be had. To keep up with the always changing requirements, WalshStreet Appraisals is constantly acquiring new tools and improving processes to increase efficiency so we can do more work for our clients. At WalshStreet Appraisals we know that time is important to everybody, so here are a few tips you can do to accelerate the process on any appraisals you order with WalshStreet Appraisals.
- Are you ordering appraisals online?
- By ordering online, you receive automatic e-mail confirmations that the order was received, and fast, secure .PDF format report delivery. Online ordering is the single biggest time saver available to both of us! No longer do we have to manually enter information from a fax, and you don't have to wonder whether the order was received.
- Are you providing complete and accurate data about the subject property?
- 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 helpful data to include with the request. 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 might differ from yours.
If you have any questions about your property or an assignment we're working on for you, feel free to contact us
- Be sure to tell us about the unique details of this property.
- It's relatively easy to appraise a cookie-cutter house. What takes time is analyzing how differing 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 characteristics of the home or surrounding area -- for example, it's recently had an addition constructed, it's subject to zoning restrictions, it's predisposed to flooding. These are things we would find out on our own anyway, and knowing them as early as possible makes your report arrive quicker.
- Let the homeowner know what to expect.
- Confirming an appointment with the homeowner can be one of the most inefficient parts in the appraisal process. We understand that a homeowner may be uneasy with an outsider looking in every square foot of their home, taking photos, and making lots of notes. Not uncommonly they think they should make the place spotless before the appraisal inspection, with the notion that will increase the value. So they delay the appointment until it is cleaned.
Hearing it directly from you -- the person they've been working with on their loan -- a little bit about the appraisal process, who we are, and especially that dusting and polishing won't make it more likely their sale will close, and likely go a long way toward trimming the time it takes to inspect a home. Our website has many pages of useful information about the appraisal process for homeowners. I encourage you to share it with your customers. They can even call us if they want to become familiar with the staff and our services. Remind them it benefits them to set the appointment promptly!
- Our website is a great resource for verifying the status of your report.
- No more phone and fax tag. Up-to-the-minute status updates are available online, anytime, 24/7. As each important milestone in an assignment is completed, that information can be viewed instantly online. There's no easier or faster way to keep track of your report's status.