A Few Hints for Swifter Turn Times
The appraisal profession is evolving continuously. On a regular basis, it seems, appraisers are asked to supply additional information or have steps added to their research. All to guarantee their client receives the best information available. In order to keep up with the continuously changing requirements, WalshStreet Appraisals is constantly seeking additional tools and improving processes to increase efficiency so we can do more work for our customers. At WalshStreet Appraisals we know that time is important to everybody, so here are a few things you can do to lower turn times on any appraisals you order with WalshStreet Appraisals.
- Are you ordering appraisals online?
- With online ordering, you automatically get e-mail acknowledgements that the assignment was received, and fast, secure .PDF format report delivery. Online ordering 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 got the request.
- Complete and accurate subject property data is crucial.
- 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 are good data to pass long with your request. We even welcome lists of recent sales from the area — remember, however, that professional appraisers must always do their own due diligence on comparable sales, and ours might differ from yours.
Feel free to contact us if you have any questions about your property or a job we're working on for you.
- Let us know up front of the property's distinct elements.
- Cookie-cutter houses are relatively easy to appraise. What takes time is 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 recently had an addition put on, it's subject to zoning restrictions, it's susceptible to flooding. While these are things that we'll find out on our own, knowing them as early as possible makes your report arrive earlier.
- Set proper expectations with the occupants.
- 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 uncomfortable with a stranger looking in every corner of their home, taking pictures, and making abundant notes. A common belief is that they must make the place spotless before the appraiser comes by, under the impression that will increase the appraised value. So they choose to not schedule the inspection until the house is cleaned.
Coming directly from you -- the person they have 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 can shorten the appraisal inspection time. Our website has many pages of useful information about the appraisal process for homeowners. Please feel free to share it with your clients. Have them call us if they want to familiarize themselves with our staff and services. Remind them it benefits them to set the appointment quickly!
- Our website is a great resource for tracking your report's status.
- Phone and fax tag are a thing of the past with up-to-the-minute status updates available online, anytime, 24/7. As each important milestone in an assignment is completed, that information can be viewed instantly online. There's no faster or easier way to keep track of your report's status.