Some Tips for Shorter Turn Times
The appraisal profession is evolving continuously. Each year, it seems, appraisers are asked to include additional information or have steps added to their research. All of this is to guarantee their client is presented with the best information available. To stay current with the continuously changing requirements, Astute Appraisals, Inc. is continuously testing additional tools and tweaking processes in order to increase efficiency so we can do more work for faster. Since Astute Appraisals, Inc. knows that time is important to everyone, here are some items you can do to decrease turn times whenever you order an appraisal with Astute Appraisals, Inc..
- Are you ordering appraisals online?
- With online ordering, you automatically receive e-mail acknowledgements that the request was received, and fast, secure .PDF format report delivery. Online ordering is the single biggest time saver available to both of us! No longer do we have to re-key information from a fax, and nor will you wonder whether the order was received.
- Are you providing complete and accurate data about the subject property?
- There's nothing like being one number off on the street address to unnecessarily slow down an appraisal assignment. Unique identifiers like a tax parcel number, plat map number, or subdivision name is good information to include with the assignment. We even welcome lists of recent sales in the area — remember, however, 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 a job we're working on for you.
- Are you letting us know up front any characteristics of the property that might make it distinct?
- Cookie-cutter homes are relatively easy to appraise. Most of an appraiser's time is spent analyzing how differing characteristics contribute 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 features of the home or surrounding area -- for example, it's recently had an addition constructed, it's subject to zoning restrictions, it's prone to flooding. While these are things that we would find out on our own, knowing them early on makes your report arrive more quickly.
- Set proper expectations with the homeowner.
- One of the most time consuming parts of the appraisal process is setting an inspection date with the occupants of the home. It's understandable for a homeowner to be uneasy with an unknown person inspecting every square foot of their home, taking pictures, and making lots of notes. With the idea that it will increase the value, many homeowners think they should make the place spotless before the inspection. And will delay the inspection until the house is cleaned.
Hearing from you -- a person they have been working with on their loan -- a little knowledge 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. Our website has multiple pages of helpful information about the appraisal process for homeowners. Please feel free to share it with your clients. They can even call us if they want to become familiar with our staff and services. And tell them it's in their interest to set the appointment quickly!
- Use our website to keep tabs on your report's status.
- Why are you still playing phone and fax tag when our website offers up-to-the-minute status updates available online, anytime, 24/7? As each important milestone in an assignment is completed, that information is available instantly to you online. It's never been easier to track your report's status.