A Few Hints for Shorter Turn Times

The appraisal profession is evolving continuously. Regularly, it seems, appraisers are asked to provide extra information or have steps added to their process. All of this is to guarantee their client has the best data to be had. In order to keep up with the always changing requirements, Race Appraisal Services, LLC is continuously seeking additional tools and tweaking processes in order to increase efficiency so we can do more work for quickly. Since Race Appraisal Services, LLC knows that time is important to everyone, here are a few tips you can do to reduce turn times on any appraisals you order from Race Appraisal Services, LLC.

Always order your appraisals on the Internet.
By ordering online, you receive automatic e-mail confirmations that the assignment was received, and fast, secure .PDF format report delivery. Online ordering is the single biggest time saver available to both of us! No longer do we have to manually enter information from a fax, and nor will you wonder whether we got the request.
Complete and accurate subject property data is crucial.
There's nothing like being one number off on the street address to unnecessarily slow down an appraisal assignment. Unique identifiers like a tax parcel number, plat map number, or subdivision name are helpful data to include with your assignment. Even a list of recent area sales is welcome — remember, however, that professional appraisers must always 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 assignment we're working on for you, feel free to contact us

Let us know up front of the property's unique characteristics.
Cookie-cutter houses are relatively easy to appraise. What takes time is analyzing how unique features 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 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 susceptible to flooding. While these are things that we'll find out on our own, knowing them sooner makes your report arrive more quickly.
Be sure the homeowner knows the the plan.
One of the most time consuming parts of the appraisal process is confirming an appointment with the occupants of the home. Many homeowners are justifiably uneasy with the thought an outsider wants to come in their home, look around, and make numerous notes. Having the thought that it will increase the appraised value, many homeowners think they have to make the place spotless before the appraisal inspection. And will delay the appointment until the house is cleaned.

Coming directly from you -- the person they have been working with on their loan -- a little knowledge about the appraisal process, who we are, and especially that dusting and polishing won't change their home's value one little bit, and likely decrease the appraisal inspection time. Please feel free to point your customers to our website, where we have multiple pages of relevant information for homeowners as well as others describing the appraisal process. They can even call us if they want to meet the staff and learn more about our services. Remind them it's to their benefit to set the appointment quickly!
Use our website to keep track of 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 each important milestone in an assignment is completed, that information is available instantly to you online. It's never been easier to keep track of the status of your report.

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Do you have a question relating to real estate appraisals? We can help. Simply fill out the form below and we'll contact you with the answer, with no obligation to you. We guarantee your privacy.

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