Five Hints for Shorter Turn Times
The appraisal profession is evolving at all times. On a regular basis, it seems, appraisers are asked to offer additional information or have steps added to their appraisal process. All of this is to guarantee their client is presented with the best data possible. In order to keep up with the continuously changing requirements, Young Real Estate Appraisals is always testing new tools and tweaking processes in order to increase efficiency so we can do more work for you. At Young Real Estate Appraisals we know that time is important to everybody, so below are a handful of tips you can do to speed up the process on any appraisals you order with Young Real Estate Appraisals.
- Are you ordering appraisals online?
- When you order online, you receive automatic e-mail notifications that the assignment was received, and fast, secure .PDF format report delivery. It's the single biggest time saver available to both of us! No longer do we have to manually enter information from a fax, and you don't have to wonder whether we received the order.
- Are you providing complete and accurate data about the subject property?
- 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 — remember, however, 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 a job we're working on for you.
- Are you telling us up front any features of the property that might make it unique?
- Cookie-cutter houses are relatively easy to appraise. What takes time is analyzing how details unique to a property contribute to or detract from what otherwise would be a property's market value. Let us know up front when you order your report if there are unique characteristics 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 will likely make your report arrive without delay.
- Let the occupants know what to expect.
- One of the most inefficient parts of the appraisal process is confirming an appointment with the current homeowner. It's understandable for a homeowner to be uneasy with an outsider inspecting every square foot of their home, taking pictures, and making abundant notes. One common belief is that they should make the place spotless before the appraiser comes by, believing that will make the house appraise higher. So they choose to not schedule the inspection until the house is cleaned.
Hearing from you -- a person they've been working with on their loan -- some 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 can shorten the appraisal inspection time. Our website has several pages of helpful information about the appraisal process for homeowners. Please feel free to share it with your clients. Have them call us if they want to meet our staff and learn more about our services. Remind them it benefits them to set the appointment without delay!
- Easily keep tabs on the status of your report on our website.
- 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 to track your report's status.