A Few Suggestions for Quicker Turn Times
The appraisal profession is continuously evolving. On a regular basis, it seems, appraisers are asked to offer more information or have steps added to their data gathering. All to ensure the end user has the best data possible. In order to stay current with the always changing requirements, WalshStreet Appraisals is constantly seeking new tools and tweaking processes in order to increase efficiency so we can do more work for faster. At WalshStreet Appraisals we know that time is important to everybody, so we've listed some items you can do to speed up the process on any appraisals ordered with WalshStreet Appraisals.
- Are you ordering appraisals online?
- When you order online, you receive automatic e-mail acknowledgements that the request was received, and fast, secure .PDF format report delivery. This tip single-handedly will save the most time! We don't have to manually enter information from a fax, and nor will you wonder whether we received the order.
- Complete and accurate subject property information is key.
- 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 is great information to pass long with your assignment. Even a list of recent area sales is welcome — though be advised that professional appraisers are lawfully required to do their own due diligence on comparable sales, and ours may be different from yours.
If you have any questions about your property or an appraisal we're working on for you, you're always welcome to contact us
- Are you telling us up front any features of the property that might make it distinct?
- It's relatively easy to appraise a cookie-cutter home. Most of an appraiser's time is spent analyzing how features unique to a property contribute to or detract from what otherwise would be a property's market value. When you order your report, let us know if there are unique characteristics of the home or surrounding area -- for example, it's had a recent addition put 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 as early as possible will likely make your report arrive without delay.
- Let the homeowner know what to expect.
- One of the most inefficient tasks of the appraisal process is setting an inspection date with the occupants of the home. Some current homeowners are clearly uneasy with the notion a stranger wants to come in their home, look around, and make copious notes. Under the belief that it will increase the value, a few homeowners think they should make the place spotless before the inspection. So they put off the inspection until it is cleaned.
Coming directly from you -- the person they are working with on their loan -- some info about the appraisal process, who we are, and especially that dusting and polishing won't affect their home's value one little bit, and can shorten the time it takes to inspect a home. Our website has lots of pages of useful information about the appraisal process for homeowners. I encourage you to share it with your clients. Encourage them to call us if they want to become familiar with our staff and services. And tell them it's to their advantage to set the appointment as soon as possible!
- Easily keep tabs on the status of your report on our website.
- 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 can be viewed instantly online. It's never been easier to keep track of the status of your report.