Five Hints for Quicker Turn Times
Appraising is an always changing profession. On a regular basis, it seems, appraisers are asked to present more information or have steps added to their data gathering. All to guarantee their client gets the best data to be had. In order to keep up with the constantly changing requirements, Young Real Estate Appraisals is constantly researching additional tools and improving processes in order to increase efficiency so we can do more work for more efficiently. At Young Real Estate Appraisals we know that time is important to everybody, so we've listed a few tips you can do to accelerate the process each time you order an appraisal from Young Real Estate Appraisals.
- Are you ordering appraisals online?
- With online ordering, you automatically receive e-mail notifications that the request was received, and fast, secure .PDF format report delivery. This tip single-handedly will save the most time! No longer do we have to retype information from a fax, and nor will you wonder whether we got the order.
- Verify 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. Unique identifiers like a tax parcel number, plat map number, or subdivision name are helpful data to pass long with your assignment. We even welcome lists of recent sales in the area — remember, however, that professional appraisers are lawfully required to 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 a job we're working on for you.
- Are you telling us up front any details of the property that might make it distinct?
- Cookie-cutter houses are relatively easy to appraise. Most of an appraiser's time is spent analyzing how unique features 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 characteristics of the home or surrounding area -- for example, it's had a recent addition built on, it's subject to zoning restrictions, it's susceptible to flooding. These are things we'd find out on our own anyway, and knowing them sooner will likely make your report arrive without delay.
- Be sure the homeowner knows the the plan.
- Confirming an inspection time and date with the homeowner can be one of the most tedious steps in the appraisal process. It's understandable for a homeowner to be apprehensive with an unknown person looking in every square foot of their home, taking pictures, and making abundant notes. One common belief is that they have to make the place spotless before the appraisal inspection, with the belief that will increase the value. So they choose to not schedule the appraisal inspection until they can get around to cleaning.
Coming from you -- the person they have 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 can shorten 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 about the appraisal process. They can even call us if they want to familiarize themselves with our staff and services. Remind them it benefits them to set the appointment as soon as possible!
- Why not our website as a resource to follow 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 is available instantly to you online. It's never been easier and faster to keep track of the status of your report.