5 Tips for Swifter Turn Times
Appraising is a constantly changing profession. Each year, it seems, appraisers are asked to present extra information or have steps added to their research. All of this is to ensure the end user is presented with the best data to be had. In order to keep up with the always changing requirements, Young Real Estate Appraisals is constantly acquiring additional tools and improving processes in order to increase efficiency so we can do more work for quickly. At Young Real Estate Appraisals we know that time is important to everybody, so below are some tips you can do to accelerate the process whenever you order an appraisal from Young Real Estate Appraisals.
- Are you ordering appraisals online?
- When you order online, you automatically get e-mail acknowledgements that the order was received, and fast, secure .PDF format report delivery. Online ordering is the single biggest time saver available to both of us! No longer do we have to retype information from a fax, and you don't have to wonder whether we got the request.
- Are you providing complete and accurate data about the subject property?
- Having just one number incorrect on the street address can really unnecessarily slow down 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 from the area — remember, however, that professional appraisers must always do their own due diligence on comparable sales, and ours may differ from yours.
You're always free to call us at if you have any questions about your property or a job we're working on for you.
- Be sure to let us know about the property's unique details.
- It's relatively easy to appraise a cookie-cutter house. What takes time is analyzing how features unique to a property 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 details of the home or surrounding area -- for example, it's had a recent addition constructed, it's subject to zoning restrictions, it's susceptible to flooding. These are things we'll find out on our own anyway, and knowing them sooner makes your report arrive faster.
- Are you making the homeowner of the home aware of what to expect?
- One of the most tedious parts of the appraisal process is confirming an appointment with the homeowner. It's understandable for a homeowner to be uneasy with an unknown person inspecting every square foot of their home, taking photos, and making abundant notes. One common belief is that they have to make the place spotless before the appraisal inspection, with the idea that will increase the appraised value. So they choose to not schedule the inspection until it is cleaned.
Coming from you -- someone 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 affect their home's value one little bit, and likely go a long way toward trimming the time it takes to inspect a home. I encourage you to point your clients to our website, where we have lots of pages of useful information for homeowners and others about the appraisal process. Encourage them to call us if they want to meet our staff and learn more about our services. And tell them it's in their interest to set the appointment promptly!
- Our website is a great resource for tracking your report's status.
- Phone and fax tag are a thing of the past with 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. It's never been faster and easier to track the status of your report.