Five Steps to Faster Turn Times
Appraising is an always changing profession. Often, it seems, appraisers are asked to provide more information or have steps added to their research. All to ensure their client has the best information to be had. To stay current with the constantly changing requirements, WalshStreet Appraisals is always testing new tools and tweaking processes to increase efficiency so we can do more work for our clients. Since WalshStreet Appraisals knows that time is important to everyone, here are a few tips you can do to lessen turn times every time you order an appraisal from WalshStreet Appraisals.
- Are you ordering appraisals online?
- By ordering online, you automatically receive e-mail acknowledgements that the request was received, and fast, secure .PDF format report delivery. This is the single biggest time saver available to both of us! We don't have to retype information from a fax, and nor will you wonder whether we received the order.
- Are you providing complete and accurate information about the subject property?
- There's nothing like being one number off on the street address to add unnecessary time to an appraisal assignment. Unique identifiers like a tax parcel number, plat map number, or subdivision name is great information to pass long with the assignment. 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.
- Be sure to let us know about the property's distinct elements.
- 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 had a recent addition built on, it's subject to zoning restrictions, it's prone to flooding. While these are things that we will find out on our own, knowing them sooner makes your report arrive faster.
- Set proper expectations with the occupants.
- One of the most tedious tasks of the appraisal process is confirming an inspection date with the homeowner. Many current homeowners are justifiably uneasy with the idea a stranger wants to come in their home, look around, and take numerous notes. One common belief is that they ought to make the place spotless before the appraiser comes by, under the impression that will make the house appraise for more money. And will reschedule the appraisal inspection until it is cleaned.
Hearing it directly from you -- a 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 go a long way toward trimming the time it takes to inspect a home. Please feel free to point your customers to our website, where we have lots of pages of helpful information for homeowners and others regarding the appraisal process. Have them call us if they want to meet our staff and learn more about our services. And tell them it benefits them to set the appointment as soon as possible!
- Use our website to keep tabs on 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 we complete each important milestone in an assignment, that information is available instantly to you online. It's never been easier to keep track of the status of your report.