Five Steps to Quicker Turn Times
The appraisal profession is always evolving. Every year, it seems, appraisers are asked to include more information or have steps added to their data gathering. All of this is to guarantee the end user gets the best data to be had. To keep up with the always changing requirements, Astute Appraisals, Inc. is continuously seeking additional tools and tweaking processes in order to increase efficiency so we can do more work for faster. At Astute Appraisals, Inc. we know that time is important to everybody, so below are a few items you can do to accelerate the process each time you order an appraisal from Astute Appraisals, Inc..
- Are you ordering appraisals online?
- With online ordering, you automatically receive e-mail notifications 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 re-key information from a fax, and you don't have to wonder whether the order was received.
- Make sure that the subject property data is accurate and complete.
- 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 are great data to include with your request. 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 might differ from yours.
Feel free to contact us if you have any questions about your property or an appraisal we're working on for you.
- Are you letting us know up front any details of the property that might make it unique?
- Cookie-cutter houses are relatively easy to appraise. Most of an appraiser's time is spent analyzing how unique features 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 features of the home or surrounding area -- for example, it's recently had an 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 without delay.
- Set proper expectations with the homeowner.
- One of the most time consuming parts of the appraisal process is confirming an appointment with the current homeowner. We understand that a homeowner may be uneasy with an unknown person inspecting every square foot of their home, taking photos, and making abundant notes. With the notion that it will make the house appraise higher, some homeowners think they should make the place spotless before the appraiser comes by. And will delay the appointment until they have cleaned.
Coming 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 increase their home's value one little bit, and can decrease the appraisal inspection time. Our website has many pages of useful information about the appraisal process for homeowners. I encourage you to share it with your customers. They can even call us if they want to familiarize themselves with our staff and services. Remind them it's to their benefit to set the appointment as quickly as possible!
- Use our website to track your report's status.
- 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 available instantly to you online. There's no easier or faster way to keep track of the status of your report.