5 Suggestions for Faster Turn Times
Appraising is an always changing profession. Regularly, it seems, appraisers are asked to present additional information or have steps added to their process. All of this is to ensure their client receives the best data possible. In order to keep up with the continuously changing requirements, Race Appraisal Services, LLC is constantly seeking new tools and improving processes in order to increase efficiency so we can do more work for our clients. Since Race Appraisal Services, LLC knows that time is important to everyone, here are some things you can do to lower turn times on any appraisals you order with Race Appraisal Services, LLC.
- Are you ordering appraisals online?
- When you order online, you automatically receive e-mail acknowledgements that the request was received, and fast, secure .PDF format report delivery. This tip alone will save the most time! No longer do we have to retype information from a fax, and nor will you wonder whether we received the request.
- Are you providing complete and accurate information about the subject property?
- There's nothing like being one number off on the street address to unnecessarily delay 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 from the area — 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 appraisal we're working on for you, don't hesitate to call us at
- Let us know up front of the property's unique details.
- It's relatively easy to appraise a cookie-cutter home. What takes time is analyzing how differing details add to or detract from what otherwise would be a property's market value. When ordering your report, let us know if there are unique characteristics of the home or surrounding area -- for example, it's had a recent addition constructed, it's subject to zoning restrictions, it's susceptible to flooding. While these are things that we'd find out on our own, knowing them sooner will likely make your report arrive more quickly.
- Does the homeowner know what to expect?
- Confirming an appointment with the homeowner can be one of the most tedious parts in the appraisal process. Some homeowners are understandably apprehensive with the thought a stranger wants to come in their house, look around, and take lots of notes. One common belief is that they must make the place spotless before the appraisal inspection, having the thought that will increase the value. So they reschedule the inspection until it is cleaned.
Hearing from you -- a person they are 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 decrease the appraisal inspection time. Our website has many pages of relevant information about the appraisal process for homeowners. I encourage you to share it with your customers. Have them call us if they want to familiarize themselves with the staff and our services. And tell them it's to their advantage to set the appointment soon!
- Easily keep tabs on the status of your report on our website.
- Phone and fax tag are a thing of the past with up-to-the-minute status updates available online, anytime, 24/7. As each important milestone in an assignment is completed, that information is available to you online. There's no easier way to keep track of your report's status.