5 Suggestions for Shorter Turn Times
The appraisal profession is evolving at all times. Regularly, it seems, appraisers are asked to include additional information or have steps added to their research. They do this additional work to guarantee the end user receives the best data to be had. In order to keep up with the continuously changing requirements, Associate Appraisers of America is always researching additional tools and tweaking processes in order to increase efficiency so we can do more work for you. Since Associate Appraisers of America knows that time is important to everyone, here are a handful of tips you can do to lower turn times on any appraisals ordered from Associate Appraisers of America.
- Are you ordering appraisals online?
- With online ordering, you receive automatic e-mail acknowledgements that the assignment 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 re-key information from a fax, and nor will you wonder whether we got the order.
- Make sure 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 sales in the area is welcome — though be advised that professional appraisers must always do their own due diligence on comparable sales, and ours may be different from yours.
You're always welcome to contact us if you have any questions about your property or an assignment we're working on for you.
- Are you letting us know up front any features of the property that might make it unique?
- Cookie-cutter houses are relatively easy to appraise. Most of an appraiser's time is spent analyzing how unique characteristics 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 constructed, it's subject to zoning restrictions, it's predisposed to flooding. These are things we would find out on our own anyway, and knowing them sooner is likely to make your report arrive more quickly.
- Does the homeowner know what to expect?
- One of the most time consuming tasks of the appraisal process is setting an appointment with the occupants of the home. Many homeowners are justifiably apprehensive with the thought an unknown persons wants to come in their house, look around, and make lots of notes. Many commonly think they should make the place spotless before the inspection, having the thought that will increase the value. So they reschedule the inspection until the house is cleaned.
Hearing it directly from you -- the person they are working with on their loan -- a little 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 customers to our website, where we have lots of pages of relevant information for homeowners and 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 to their advantage to set the appointment without delay!
- Our website is a great resource for tracking 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 can be viewed instantly online. There's no easier or faster way to track your report's status.