Some Hints for Shorter Turn Times
The appraisal profession is evolving at all times. On a regular basis, it seems, appraisers are asked to provide extra information or have steps added to their research. All to guarantee the end user gets the best information possible. To keep up with the constantly changing requirements, Race Appraisal Services, LLC is constantly researching new tools and improving 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 a few items you can do to trim turn times whenever you order an appraisal with Race Appraisal Services, LLC.
- Are you ordering appraisals online?
- By ordering online, you automatically get 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 you don't have to wonder whether the order was received.
- Complete and accurate subject property data is essential.
- 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 great data to pass long with the request. Even a list of recent area sales is welcome — though be advised that professional appraisers must always 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 call us at
- Tell us up front of the property's distinct details.
- It's relatively easy to appraise a cookie-cutter house. Most of an appraiser's time is spent analyzing how characteristics unique to a property 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 details of the home or surrounding area -- for example, it's recently had an addition built on, it's subject to zoning restrictions, it's susceptible to flooding. While these are things that we will find out on our own, knowing them early on is likely to make your report arrive faster.
- Are you making the homeowner of the home aware of what to expect?
- Confirming an inspection time and date with the homeowner can be one of the most time consuming steps in the appraisal process. We understand that a homeowner may be uneasy with a stranger inspecting every corner of their home, taking photos, and making numerous notes. With the idea that it will increase the value, a few homeowners feel they must make the place spotless before the appraisal inspection. And will reschedule the appointment until it is cleaned.
Coming directly from you -- a person they've been working with on their loan -- a little information about the appraisal process, who we are, and especially that dusting and polishing won't make it more likely their sale will close, and likely go a long way toward trimming the time it takes to inspect a home. Please feel free to point them to this website, where we have many pages of helpful information for homeowners as well as others regarding the appraisal process. Have them call us if they want to meet our staff and learn more about our services. And tell them it benefits them to set the appointment promptly!
- Use our website to follow 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 each important milestone in an assignment is completed, that information is available to you online. It's never been faster and easier to keep track of your report's status.