Five Tips for Quicker Turn Times

Appraising is an always changing profession. Regularly, it seems, appraisers are asked to supply extra information or have steps added to their data gathering. All of this is to ensure the end user gets the best information available. In order to keep up with the continuously changing requirements, Race Appraisal Services, LLC is continuously researching additional tools and tweaking processes in order to increase efficiency so we can do more work for you. At Race Appraisal Services, LLC we know that time is important to everybody, so below are some things you can do to lower turn times on any appraisals ordered from Race Appraisal Services, LLC.

Order your appraisals online.
By ordering online, you automatically receive e-mail notifications that the request was received, and fast, secure .PDF format report delivery. It's 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.
Verify that the subject property data is accurate and complete.
There's nothing like being one number off on the street address to 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. Even a list of recent area sales is welcome — 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, you're always welcome to contact us

Be sure to tell us about the unique elements of this property.
Cookie-cutter homes are relatively easy to appraise. Most of an appraiser's time is spent 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 recently had an addition built on, it's subject to zoning restrictions, it's predisposed 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.
Confirming an inspection time and date with the homeowner can be one of the most tedious parts in the appraisal process. Many homeowners are clearly apprehensive with the idea a stranger wants to come in their home, look around, and make numerous notes. One common belief is that they must make the place spotless before the appraiser comes by, with the notion that will increase the value. So they put off the appraisal inspection until they can get around to cleaning.

Hearing from you -- the person they have been working with on their loan -- a little bit about the appraisal process, who we are, and especially that dusting and polishing won't affect their home's value one little bit, and likely shorten the time it takes to inspect a home. I encourage you to point your clients to this website, where we have multiple pages of useful information for homeowners as well as others about the appraisal process. Encourage them to call us if they want to familiarize themselves with our staff and services. And tell them it's in their interest to set the appointment without delay!
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 we complete each important milestone in an assignment, that information is instantly available to you online. There's no easier way to track your report's status.

Got a Question?

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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