5 Suggestions for Faster Turn Times
The appraisal profession is evolving continuously. Every year, it seems, appraisers are asked to offer additional information or have steps added to their data gathering. They do this additional work to ensure the end user has the best information available. To keep up with the continuously changing requirements, WalshStreet Appraisals is continuously testing new tools and improving 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 handful of things you can do to lower turn times when you order an appraisal with WalshStreet Appraisals.
- Always order your appraisals electronically.
- When you order online, you get automatic e-mail acknowledgements that the request was received, and fast, secure .PDF format report delivery. It's the single biggest time saver available to both of us! We don't have to re-key information from a fax, and you don't have to wonder whether we received the order.
- Complete and accurate subject property data is key.
- 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 area sales is welcome — though be advised that professional appraisers are lawfully required to do their own due diligence on comparable sales, and ours might differ from yours.
If you have any questions about your property or a job we're working on for you, you're always welcome to contact us
- Tell us up front of the property's unique details.
- It's relatively easy to appraise a cookie-cutter house. Most of an appraiser's time is spent analyzing how unique details contribute to or detract from what otherwise would be a property's market value. When ordering your report, 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. These are things we'll find out on our own anyway, and knowing them as soon as possible makes your report arrive sooner.
- Set proper expectations with the occupants.
- Setting an appointment with the homeowner can be one of the most inefficient parts in the appraisal process. Some homeowners are understandably apprehensive with the notion an unknown persons wants to come in their house, look around, and take lots of notes. Believing that it will make the house appraise higher, many homeowners feel they should make the place spotless before the inspection. So they reschedule the appraisal inspection until they can get around to cleaning.
Coming directly from you -- someone they've been working with on their loan -- a little bit 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 go a long way toward trimming the time it takes to inspect a home. Our website has multiple pages of helpful information about the appraisal process for homeowners. I encourage you to share it with your clients. They can even call us if they want to familiarize themselves with our staff and services. Remind them it benefits them to set the appointment quickly!
- Why not our website as a resource to track 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 we complete each important milestone in an assignment, that information is instantly available to you online. There's no easier or faster way to keep track of your report's status.