Five Hints for Shorter Turn Times
The appraisal profession is always evolving. Often, it seems, appraisers are asked to provide additional information or have steps added to their data gathering. All to ensure the end user is presented with the best information possible. To keep up with the constantly changing requirements, Graham Appraisal is always testing additional tools and improving processes to increase efficiency so we can do more work for you. Since Graham Appraisal knows that time is important to everyone, below are some tips you can do to lower turn times when you order an appraisal with Graham Appraisal.
- Always order your appraisals online.
- When you order online, you get automatic 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 manually enter information from a fax, and you don't have to wonder whether we got the request.
- Are you providing complete and accurate information about the subject property?
- Having just one number incorrect on the street address can really unnecessarily slow down an appraisal assignment. Unique identifiers like a tax parcel number, plat map number, or subdivision name are helpful data to pass long with the request. We even welcome lists of recent sales from the area — though be advised that professional appraisers must always do their own due diligence on comparable sales, and ours may be different from yours.
You're always free to contact us if you have any questions about your property or an appraisal we're working on for you.
- Let us know up front of the property's distinct elements.
- It's relatively easy to appraise a cookie-cutter house. What takes time is analyzing how differing features add 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 features of the home or surrounding area -- for example, it's had a recent addition built on, it's subject to zoning restrictions, it's predisposed to flooding. While these are things that we would find out on our own, knowing them as early as possible is likely to make your report arrive earlier.
- Be sure the occupants know the the plan.
- Setting an appointment with the homeowner can be one of the most time consuming steps in the appraisal process. Some current homeowners are clearly apprehensive with the thought an outsider wants to come in their home, look around, and make abundant notes. With the belief that it will increase the value, many homeowners think they have to make the place spotless before the appraiser comes by. And will delay the inspection until they have cleaned.
Coming directly from you -- the person they've been working with on their loan -- some 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 decrease the time it takes to inspect a home. Our website has numerous pages of relevant information about the appraisal process for homeowners. I encourage you to share it with your clients. They can even call us if they want to become familiar with our staff and services. Remind them it's to their benefit to set the appointment without delay!
- Easily track 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 is instantly available to you online. It's never been faster to track the status of your report.