A Few Hints for Faster Turn Times
The appraisal profession is evolving continuously. Commonly, it seems, appraisers are asked to provide more information or have steps added to their data gathering. They do this extra work to guarantee their client receives the best data possible. In order to keep up with the constantly changing requirements, WalshStreet Appraisals is continuously acquiring additional tools and tweaking processes to increase efficiency so we can do more work for you. Since WalshStreet Appraisals knows that time is important to everyone, here are a few tips you can do to decrease turn times whenever you order an appraisal from WalshStreet Appraisals.
- Always order your appraisals on the Internet.
- By ordering online, you automatically get e-mail acknowledgements that the request was received, and fast, secure .PDF format report delivery. This tip single-handedly will save the most time! We don't have to retype information from a fax, and you don't have to wonder whether the order was received.
- Complete and accurate subject property data is essential.
- There's nothing like being one number off on the street address to unnecessarily delay an appraisal assignment. Unique identifiers like a tax parcel number, plat map number, or subdivision name is great information to include with the request. We even welcome lists of recent sales in the area — remember, however, that professional appraisers must always do their own due diligence on comparable sales, and ours may differ from yours.
Feel 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 features of the property that might make it unique?
- It's relatively easy to appraise a cookie-cutter home. Most of an appraiser's time is spent analyzing how unique details 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 elements of the home or surrounding area -- for example, it's recently had an addition constructed, it's subject to zoning restrictions, it's prone to flooding. These are things we will find out on our own anyway, and knowing them sooner will likely make your report arrive earlier.
- Set proper expectations with the homeowner.
- One of the most tedious steps of the appraisal process is confirming an inspection date with the current homeowner. Some current homeowners are clearly uneasy with the notion an outsider wants to come in their house, look around, and take lots of notes. A common belief is that they have to make the place spotless before the inspection, under the impression that will make the house appraise higher. And will put off the appointment until the house is cleaned.
Hearing from you -- the person they've been working with on their loan -- a little knowledge 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. Please feel free to point your clients to this website, where we have lots of pages of useful information for homeowners and others about the appraisal process. They can even call us if they want to meet the staff and learn more about our services. And tell them it benefits them to set the appointment without delay!
- Why not our website as a resource to verify 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 each important milestone in an assignment is completed, that information is available to you online. It's never been easier and faster to keep track of your report's status.