5 Suggestions for Quicker Turn Times
The appraisal profession is constantly evolving. Each year, it seems, appraisers are asked to offer extra information or have steps added to their process. All of this is to ensure their client receives the best information to be had. To keep up with the continuously changing requirements, WalshStreet Appraisals is continuously seeking 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, below are some tips you can do to speed up the process when you order an appraisal from WalshStreet Appraisals.
- Are you ordering appraisals online?
- With online ordering, you get automatic e-mail notifications that the request was received, and fast, secure .PDF format report delivery. This tip alone will save the most time! We don't have to re-key information from a fax, and nor will you wonder whether the order was received.
- Complete and accurate subject property data is crucial.
- Being just one number off on the street address can really unnecessarily slow down 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 be different from yours.
If you have any questions about your property or an appraisal we're working on for you, feel free to call us at
- Be sure to let us know about the property's distinct characteristics.
- Cookie-cutter houses are relatively easy to appraise. Most of an appraiser's time is spent analyzing how differing characteristics contribute 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. These are things we'd find out on our own anyway, and knowing them as soon as possible makes your report arrive earlier.
- Are you making the occupants of the home aware of what to expect?
- Confirming an appointment with the homeowner can be one of the most time consuming parts in the appraisal process. Many homeowners are clearly uneasy with the idea an outsider wants to come in their house, look around, and take copious notes. Under the belief that it will increase the appraised value, a few homeowners think they need to make the place spotless before the appraiser comes by. And will delay the appraisal inspection until they can get around to cleaning.
Hearing it directly from you -- someone they have been working with on their loan -- some information 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 shorten the time it takes to inspect a home. Our website has lots of pages of useful 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 familiarize themselves with the staff and our services. Remind them it's to their benefit to set the appointment without delay!
- Our website is a great resource for verifying the status of your report.
- 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. It's never been easier and faster to keep track of the status of your report.