5 Steps to Faster Turn Times
The appraisal profession is evolving constantly. Every year, it seems, appraisers are asked to present extra information or have steps added to their appraisal process. All to ensure their client receives the best data to be had. In order to keep up with the continuously changing requirements, WalshStreet Appraisals is always seeking new tools and improving processes to increase efficiency so we can do more work for you. At WalshStreet Appraisals we know that time is important to everybody, so we've listed some things you can do to accelerate the process on any appraisals ordered from WalshStreet Appraisals.
- Are you ordering appraisals online?
- When you order online, you get automatic e-mail notifications that the order was received, and fast, secure .PDF format report delivery. This tip alone will save the most time! We don't have to re-key information from a fax, and nor will you wonder whether the order was received.
- Make sure that the subject property information is accurate and complete.
- 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 helpful information to pass long with your assignment. We even welcome lists of recent sales in the area — though be advised that professional appraisers are lawfully required to do their own due diligence on comparable sales, and ours might differ 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 unique features.
- Cookie-cutter houses are relatively easy to appraise. What takes time is analyzing how differing characteristics 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 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 predisposed to flooding. These are things we'll find out on our own anyway, and knowing them sooner makes your report arrive quicker.
- Does the homeowner know what to expect?
- One of the most time consuming parts of the appraisal process is setting an appointment with the homeowner. Many homeowners are justifiably uncomfortable with the fact an outsider wants to come in their house, look around, and take abundant notes. A common belief is that they ought to make the place spotless before the appraiser comes by, with the belief that will increase the appraised value. So they delay the appointment until they have cleaned.
Hearing it directly from you -- the person they are working with on their loan -- a short explanation about the appraisal process, who we are, and especially that dusting and polishing won't make it more likely their sale will close, and can shorten the time it takes to inspect a home. Our website has many pages of relevant information about the appraisal process for homeowners. Please feel free to share it with your customers. Encourage them to call us if they want to familiarize themselves with the staff and our services. And tell them it's to their advantage to set the appointment without delay!
- Easily verify 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 each important milestone in an assignment is completed, that information can be viewed instantly online. It's never been easier to keep track of your report's status.