Five Tips for Shorter Turn Times
Appraising is an always changing profession. Regularly, it seems, appraisers are asked to supply more information or have steps added to their appraisal process. 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, Personal Service Realty's Residential Valuation Group is continuously seeking additional tools and tweaking processes in order to increase efficiency so we can do more work for our customers. Since Personal Service Realty's Residential Valuation Group knows that time is important to everyone, we've listed some tips you can do to accelerate the process on any appraisals you order from Personal Service Realty's Residential Valuation Group.
- Order your appraisals on the Internet.
- With online ordering, you get automatic e-mail notifications that the request was received, and fast, secure .PDF format report delivery. Online ordering is the single biggest time saver available to both of us! We don't have to re-key information from a fax, and nor will you wonder whether the order was received.
- 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. Unique identifiers like a tax parcel number, plat map number, or subdivision name is good information to pass long with the request. We even welcome lists of recent sales from the area — remember, however, that professional appraisers are lawfully required to do their own due diligence on comparable sales, and ours may differ from yours.
Feel free to contact us if you have any questions about your property or an appraisal we're working on for you.
- Are you telling us up front any elements of the property that might make it distinct?
- Cookie-cutter houses are relatively easy to appraise. What takes time is analyzing how details unique to a property 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 details of the home or surrounding area -- for example, it's had a recent addition constructed, it's subject to zoning restrictions, it's predisposed to flooding. While these are things that we would find out on our own, knowing them sooner will likely make your report arrive faster.
- Let the occupants know what to expect.
- One of the most time consuming parts of the appraisal process is setting an inspection date with the homeowner. Many homeowners are justifiably uncomfortable with the thought an outsider wants to come in their house, look around, and take copious notes. Some think they need to make the place spotless before the inspection, with the idea that will increase the appraised value. And will put off the appointment until they have cleaned.
Coming from you -- a person they have been working with on their loan -- some knowledge 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 shorten the appraisal inspection time. Please feel free to point your clients to this website, where we have several pages of helpful information for homeowners as well as others about the appraisal process. Have them call us if they want to familiarize themselves with the staff and our services. Remind them it's in their interest to set the appointment without delay!
- Use our website to verify 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 can be viewed instantly online. It's never been easier to track your report's status.