Five Hints for Quicker Turn Times
Appraising is a constantly changing profession. Regularly, it seems, appraisers are asked to include extra information or have steps added to their appraisal process. All to ensure their client receives the best information available. To keep up with the constantly changing requirements, Young Real Estate Appraisals is always testing new tools and tweaking processes to increase efficiency so we can do more work for faster. Since Young Real Estate Appraisals knows that time is important to everyone, here are a few tips you can do to speed up the process on any appraisals ordered with Young Real Estate Appraisals.
- Order your appraisals electronically.
- With online ordering, you get automatic e-mail confirmations that the request was received, and fast, secure .PDF format report delivery. This 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 the order was received.
- Are you providing complete and accurate data about the subject property?
- Having just one number incorrect on the street address can really 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 area sales is welcome — remember, however, that professional appraisers must always do their own due diligence on comparable sales, and ours may differ 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 telling us up front any characteristics of the property that might make it unique?
- Cookie-cutter houses are relatively easy to appraise. What takes time is analyzing how differing characteristics contribute to or detract from what otherwise would be a property's market value. When ordering your report, let us know if there are unique details of the home or surrounding area -- for example, it's recently had an addition built on, 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 more quickly.
- Do the occupants know what to expect?
- Confirming an inspection time and date with the homeowner can be one of the most time consuming tasks in the appraisal process. Some current homeowners are justifiably uneasy with the idea a stranger wants to come in their house, look around, and take copious notes. Not uncommonly they think they have to make the place spotless before the appraiser comes by, with the notion that will increase the value. And will reschedule the inspection until they have cleaned.
Hearing it directly 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 likely shorten the time it takes to inspect a home. I encourage you to point them to this website, where we have several pages of useful information for homeowners as well as others describing the appraisal process. Tell them to call us if they want to familiarize themselves with the staff and our services. Remind them it benefits them to set the appointment quickly!
- Our website is a great resource for tracking the status of your report.
- No more phone and fax tag. Up-to-the-minute status updates are available online, anytime, 24/7. As we complete each important milestone in an assignment, that information is instantly available to you online. There's no easier way to track the status of your report.