Five Steps to Shorter Turn Times
The appraisal profession is evolving continuously. Regularly, it seems, appraisers are asked to present additional information or have steps added to their data gathering. All to ensure their client gets the best information to be had. In order to stay current with the continuously changing requirements, Graham Appraisal is continuously testing additional tools and tweaking processes to increase efficiency so we can do more work for faster. At Graham Appraisal 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 Graham Appraisal.
- Are you ordering appraisals online?
- By ordering online, you receive automatic e-mail acknowledgements that the order was received, and fast, secure .PDF format report delivery. This tip alone 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 received the order.
- Complete and accurate subject property data is key.
- There's nothing like being one number off on the street address to unnecessarily interrupt an appraisal assignment. Unique identifiers like a tax parcel number, plat map number, or subdivision name are great data to pass long with the assignment. Even a list of recent sales in the area is welcome — though be advised that professional appraisers must always do their own due diligence on comparable sales, and ours may differ from yours.
Feel free to contact us if you have any questions about your property or an assignment we're working on for you.
- Be sure to tell us about the property's unique elements.
- Cookie-cutter houses are relatively easy to appraise. What takes time is analyzing how differing features add to or detract from what otherwise would be a property's market value. Let us know up front when ordering your report if there are unique characteristics of the home or surrounding area -- for example, it's recently had an addition constructed, it's subject to zoning restrictions, it's predisposed to flooding. These are things we would find out on our own anyway, and knowing them early on is likely to make your report arrive without delay.
- Set proper expectations with the occupants.
- One of the most time consuming parts of the appraisal process is confirming an inspection date with the current homeowner. We understand that a homeowner may be apprehensive with an outsider looking in every square foot of their home, taking photos, and making abundant notes. Believing that it will make the house appraise for more money, many homeowners feel they have to make the place spotless before the inspection. So they reschedule the inspection until it is cleaned.
Coming from you -- a person they've been working with on their loan -- some info about the appraisal process, who we are, and especially that dusting and polishing won't change their home's value one little bit, and likely shorten the appraisal inspection time. I encourage you to point them to this website, where we have lots of pages of helpful information for homeowners as well as others regarding the appraisal process. Have them call us if they want to familiarize themselves with the staff and our services. And tell them it benefits them to set the appointment quickly!
- Use our website to keep tabs on 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 is instantly available to you online. It's never been easier to keep track of the status of your report.