Some Suggestions for Swifter Turn Times
The appraisal profession is evolving at all times. Regularly, it seems, appraisers are asked to offer extra information or have steps added to their process. All of this is to guarantee the end user gets the best information to be had. In order to stay current with the continuously changing requirements, Race Appraisal Services, LLC is continuously researching new tools and improving processes in order to increase efficiency so we can do more work for our clients. At Race Appraisal Services, LLC we know that time is important to everybody, so below are a few tips you can do to speed up the process on any appraisals you order from Race Appraisal Services, LLC.
- Always order your appraisals electronically.
- By ordering online, you get automatic e-mail notifications that the request was received, and fast, secure .PDF format report delivery. Ordering online is the single biggest time saver available to both of us! No longer do we have to manually enter information from a fax, and you don't have to wonder whether the order was received.
- Are you providing complete and accurate data about the subject property?
- Having just one number incorrect on the street address can really add unnecessary time to 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. We even welcome lists of recent sales in the area — remember, however, 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.
- Are you telling us up front any elements of the property that might make it distinct?
- Cookie-cutter houses are relatively easy to appraise. What takes time is analyzing how unique features 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 features of the home or surrounding area -- for example, it's had a recent addition constructed, it's subject to zoning restrictions, it's prone to flooding. These are things we will find out on our own anyway, and knowing them early on makes your report arrive quicker.
- Let the homeowner know what to expect.
- Setting an inspection time and date with the homeowner can be one of the most inefficient steps in the appraisal process. Many homeowners are justifiably uneasy with the idea an outsider wants to come in their home, look around, and take abundant notes. One common belief is that they need to make the place spotless before the inspection, under the impression that will increase the value. And will put off the appraisal inspection until the house is cleaned.
Coming from you -- a person they've been working with on their loan -- a little info about the appraisal process, who we are, and especially that dusting and polishing won't increase their home's value one little bit, and can shorten the appraisal inspection time. Our website has many pages of relevant information about the appraisal process for homeowners. Please feel free to share it with your clients. Have them 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!
- Our website is a great resource for keeping 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 instantly available to you online. It's never been faster and easier to track your report's status.