A Few Tips for Shorter Turn Times
Appraising is a constantly changing profession. Regularly, it seems, appraisers are asked to provide more information or have steps added to their appraisal process. They do this additional work to guarantee their client is presented with the best information possible. To keep up with the always changing requirements, WalshStreet Appraisals is continuously testing new tools and tweaking processes in order to increase efficiency so we can do more work for you. Since WalshStreet Appraisals knows that time is important to everyone, below are some items you can do to accelerate the process on any appraisals you order with WalshStreet Appraisals.
- Order your appraisals on the Internet.
- When you order online, you receive automatic e-mail acknowledgements that the order was received, and fast, secure .PDF format report delivery. This tip single-handedly will save the most time! No longer do we have to re-key information from a fax, and you don't have to wonder whether the order was received.
- Verify that the subject property data is accurate and complete.
- Being just one number off on the street address can really unnecessarily interrupt 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 from the area is welcome — remember, however, that professional appraisers are lawfully required to do their own due diligence on comparable sales, and ours may differ from yours.
If you have any questions about your property or a job we're working on for you, you're always free to call us at
- Be sure to tell us about the property's unique characteristics.
- Cookie-cutter houses are relatively easy to appraise. What takes time is analyzing how characteristics 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 constructed, it's subject to zoning restrictions, it's prone to flooding. While these are things that we will find out on our own, knowing them early on makes your report arrive earlier.
- Set proper expectations with the homeowner.
- Confirming an inspection time and date with the homeowner can be one of the most inefficient steps in the appraisal process. It's understandable for a homeowner to be uncomfortable with an unknown person inspecting every square foot of their home, taking pictures, and making abundant notes. Many commonly think they need to make the place spotless before the inspection, with the idea that will increase the value. So they delay the appraisal inspection until the house is cleaned.
Hearing it directly from you -- a person they have been working with on their loan -- a little info about the appraisal process, who we are, and especially that dusting and polishing won't increase their home's value one little bit, and likely decrease the appraisal inspection time. Our website has many pages of relevant information about the appraisal process for homeowners. Please feel free to share it with your customers. They can even call us if they want to meet the staff and learn more about our services. Remind them it benefits them to set the appointment promptly!
- Easily follow the status of your report on our website.
- 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 can be viewed instantly online. It's never been faster and easier to keep track of your report's status.