5 Suggestions for Quicker Turn Times
The appraisal profession is evolving continuously. Often, it seems, appraisers are asked to offer additional information or have steps added to their research. All of this is to ensure the end user is presented with the best data to be had. To keep up with the continuously changing requirements, Race Appraisal Services, LLC is always acquiring additional tools and tweaking processes 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 some tips you can do to lessen turn times each time you order an appraisal from Race Appraisal Services, LLC.
- Always order your appraisals online.
- With online ordering, you automatically receive e-mail acknowledgements that the assignment 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 nor will you wonder whether the order was received.
- Complete and accurate subject property information is key.
- Having just one number incorrect on the street address can really add unnecessary time to an appraisal assignment. Unique identifiers like a tax parcel number, plat map number, or subdivision name is great information to include with your assignment. We even welcome lists of recent sales from the area — though be advised that professional appraisers are lawfully required to do their own due diligence on comparable sales, and ours may differ from yours.
If you have any questions about your property or a job we're working on for you, feel free to contact us
- Are you telling us up front any features of the property that might make it distinct?
- Cookie-cutter houses are relatively easy to appraise. What takes time is analyzing how differing details add to or detract from what otherwise would be a property's market value. When you order your report, 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 predisposed to flooding. These are things we'd find out on our own anyway, and knowing them early on makes your report arrive sooner.
- Be sure the homeowner knows the the plan.
- Setting an inspection time and date with the homeowner can be one of the most tedious steps in the appraisal process. It's understandable for a homeowner to be apprehensive with an outsider inspecting every square foot of their home, taking pictures, and making lots of notes. One common belief is that they must make the place spotless before the inspection, with the idea that will make the house appraise higher. So they put off the appointment until they have cleaned.
Hearing it directly from you -- a person they are working with on their loan -- a little information 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 shorten 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 clients. They can even call us if they want to familiarize themselves with our staff and services. And tell them it's to their advantage to set the appointment soon!
- Why not our website as a resource to track 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. There's no faster or easier way to track the status of your report.