5 Tips for Shorter Turn Times
Appraising is an always changing profession. Often, it seems, appraisers are asked to offer extra information or have steps added to their appraisal process. All of this is to ensure their client receives the best data available. In order to keep up with the always changing requirements, Race Appraisal Services, LLC is constantly testing new tools and improving processes to increase efficiency so we can do more work for in less time. Since Race Appraisal Services, LLC knows that time is important to everyone, below are some things you can do to hasten the process on any appraisals ordered with Race Appraisal Services, LLC.
- Are you ordering appraisals online?
- By ordering online, you get automatic e-mail acknowledgements that the order 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 manually enter information from a fax, and you don't have to wonder whether we got the order.
- Complete and accurate subject property information is essential.
- There's nothing like being one number off on the street address to unnecessarily interrupt 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 in the area is welcome — though be advised that professional appraisers are lawfully required to do their own due diligence on comparable sales, and ours may be different from yours.
Feel free to contact us if you have any questions about your property or an assignment we're working on for you.
- Tell us up front of the property's distinct features.
- Cookie-cutter homes are relatively easy to appraise. Most of an appraiser's time is spent analyzing how unique elements 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 details of the home or surrounding area -- for example, it's had a recent addition built on, it's subject to zoning restrictions, it's susceptible to flooding. While these are things that we would find out on our own, knowing them as soon as possible is likely to make your report arrive sooner.
- Did you make the occupants of the home aware of what to expect?
- Setting an appointment with the homeowner can be one of the most inefficient tasks in the appraisal process. It's understandable for a homeowner to be uneasy with an outsider looking in every corner of their home, taking photos, and making abundant notes. A common belief is that they should make the place spotless before the appraiser comes by, with the idea that will make the house appraise for more money. So they reschedule the appraisal inspection until they have cleaned.
Coming from you -- someone they have been working with on their loan -- some info 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 lots of pages of relevant information about the appraisal process for homeowners. Please feel free to share it with your clients. They can even call us if they want to familiarize themselves with the staff and our services. Remind them it's in their interest to set the appointment quickly!
- Use our website to follow 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 available instantly to you online. It's never been easier and faster to track your report's status.