5 Tips for Shorter Turn Times
Appraising is an always changing profession. On a regular basis, it seems, appraisers are asked to supply additional information or have steps added to their research. They do this extra work to ensure their client has the best data possible. In order to stay current with the constantly changing requirements, Race Appraisal Services, LLC is constantly researching additional tools and improving processes in order to increase efficiency so we can do more work for in less time. At Race Appraisal Services, LLC we know that time is important to everybody, so we've listed a few tips 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 confirmations that the request was received, and fast, secure .PDF format report delivery. This is the single biggest time saver available to both of us! No longer do we have to retype information from a fax, and nor will you wonder whether the order was received.
- Complete and accurate subject property information is crucial.
- There's nothing like being one number off on the street address to add unnecessary time to an appraisal assignment. Unique identifiers like a tax parcel number, plat map number, or subdivision name are helpful data to pass long with your request. Even a list of recent area sales is welcome — remember, however, that professional appraisers are lawfully required to do their own due diligence on comparable sales, and ours may differ from yours.
You're always free to call us at if you have any questions about your property or an assignment we're working on for you.
- Let us know up front of the property's distinct details.
- Cookie-cutter houses are relatively easy to appraise. Most of an appraiser's time is spent analyzing how characteristics unique to a property contribute 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 details of the home or surrounding area -- for example, it's recently had an addition put on, it's subject to zoning restrictions, it's predisposed to flooding. These are things we'll find out on our own anyway, and knowing them as soon as possible will likely make your report arrive quicker.
- Are you making the homeowner of the home aware of what to expect?
- Confirming an appointment with the homeowner can be one of the most inefficient parts in the appraisal process. Many current homeowners are clearly apprehensive with the fact an outsider wants to come in their home, look around, and take lots of notes. Some think they have to make the place spotless before the inspection, with the idea that will make the house appraise for more money. So they reschedule the appraisal inspection until it is cleaned.
Hearing from you -- someone they have been working with on their loan -- a short explanation about the appraisal process, who we are, and especially that dusting and polishing won't increase their home's value one little bit, and likely decrease the time it takes to inspect a home. Our website has numerous pages of helpful information about the appraisal process for homeowners. Please feel free to share it with your customers. They can even 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 as soon as possible!
- Why not our website as a resource to track your report's status?
- No more phone and fax tag. Up-to-the-minute status updates are 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 and faster to track your report's status.