5 Tips for Shorter Turn Times
The appraisal profession is evolving constantly. Every year, it seems, appraisers are asked to present extra information or have steps added to their appraisal process. All of this is to ensure their client has the best information possible. In order to keep up with the continuously changing requirements, Associate Appraisers of America is constantly seeking additional tools and tweaking processes in order to increase efficiency so we can do more work for in less time. At Associate Appraisers of America we know that time is important to everybody, so we've listed some items you can do to decrease turn times each time you order an appraisal with Associate Appraisers of America.
- Always order your appraisals online.
- By ordering online, you automatically receive e-mail acknowledgements that the request was received, and fast, secure .PDF format report delivery. This is the single biggest time saver available to both of us! We don't have to manually enter information from a fax, and nor will you wonder whether we got the request.
- Confirm that the subject property information 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. We even welcome lists of recent sales in the area — though be advised that professional appraisers must always do their own due diligence on comparable sales, and ours might 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 letting us know up front any details of the property that might make it unique?
- Cookie-cutter houses are relatively easy to appraise. What takes time is analyzing how differing details 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 elements of the home or surrounding area -- for example, it's recently had an addition put on, it's subject to zoning restrictions, it's prone to flooding. These are things we'd find out on our own anyway, and knowing them as soon as possible makes your report arrive quicker.
- Let the homeowner know what to expect.
- Setting an appointment with the homeowner can be one of the most time consuming tasks in the appraisal process. Some current homeowners are clearly uneasy with the idea an outsider wants to come in their home, look around, and make lots of notes. Under the belief that it will make the house appraise for more money, many homeowners believe they ought to make the place spotless before the appraiser comes by. And will delay the appointment until the house is cleaned.
Coming from you -- someone they are working with on their loan -- some knowledge 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 go a long way toward trimming the time it takes to inspect a home. Our website has several pages of relevant information about the appraisal process for homeowners. I encourage you to share it with your clients. They can even call us if they want to become familiar with the staff and our services. Remind them it's to their advantage to set the appointment as soon as possible!
- Are you using our website as a resource to follow the status of your report?
- 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 faster or easier way to track the status of your report.