A Few Steps to Shorter Turn Times
The appraisal profession is continuously evolving. Commonly, it seems, appraisers are asked to offer additional information or have steps added to their data gathering. All of this is to ensure the end user is presented with the best data available. To stay current with the constantly changing requirements, WalshStreet Appraisals is always acquiring new tools and tweaking processes in order to increase efficiency so we can do more work for quickly. Since WalshStreet Appraisals knows that time is important to everyone, below are some items you can do to decrease turn times on any appraisals ordered from WalshStreet Appraisals.
- Are you ordering appraisals online?
- When you order online, you receive 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 manually enter information from a fax, and you don't have to wonder whether we got the order.
- Complete and accurate subject property data is crucial.
- There's nothing like being one number off on the street address to unnecessarily interrupt an appraisal assignment. Unique identifiers like a tax parcel number, plat map number, or subdivision name are good data to include with your request. We even welcome lists of recent sales from the area — remember, however, that professional appraisers are lawfully required to do their own due diligence on comparable sales, and ours might differ from yours.
You're always welcome 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 elements of the property that might make it distinct?
- Cookie-cutter homes are relatively easy to appraise. Most of an appraiser's time is spent analyzing how differing characteristics 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 had a recent addition built on, it's subject to zoning restrictions, it's prone to flooding. While these are things that we'd find out on our own, knowing them as early as possible makes your report arrive more quickly.
- Do the occupants know what to expect?
- One of the most tedious steps of the appraisal process is confirming an appointment with the occupants of the home. Some homeowners are justifiably uneasy with the thought an outsider wants to come in their house, look around, and take abundant notes. With the idea that it will increase the appraised value, many homeowners feel they need to make the place spotless before the appraisal inspection. So they delay the appraisal inspection until the house is cleaned.
Hearing from you -- someone they have 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 can shorten the time it takes to inspect a home. Our website has several pages of relevant information about the appraisal process for homeowners. I encourage you to share it with your customers. Have them call us if they want to familiarize themselves with our staff and services. Remind them it's to their advantage to set the appointment promptly!
- Our website is a great resource for verifying the status of your report.
- 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 instantly to you online. There's no faster or easier way to track the status of your report.