Five Suggestions for Shorter Turn Times
The appraisal profession is constantly evolving. Often, it seems, appraisers are asked to supply more information or have steps added to their process. All of this is to ensure the end user gets the best data to be had. To stay current with the continuously changing requirements, Real Property Metrics is always seeking new tools and improving processes to increase efficiency so we can do more work for faster. Since Real Property Metrics knows that time is important to everyone, we've listed some items you can do to accelerate the process on any appraisals ordered with Real Property Metrics.
- 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. 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.
- Complete and accurate subject property information is key.
- Being just one number off on the street address can really add unnecessary time to an appraisal assignment. And if you have a tax parcel number, plat map number, subdivision name or anything else that uniquely identifies the property, please pass it along. Even a list of recent area sales is welcome — remember, however, that professional appraisers must always do their own due diligence on comparable sales, and ours may differ from yours.
If you have any questions about your property or a job we're working on for you, you're always welcome to contact us
- Are you letting us know up front any elements of the property that might make it unique?
- It's relatively easy to appraise a cookie-cutter house. Most of an appraiser's time is spent analyzing how features unique to a property contribute 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 elements of the home or surrounding area -- for example, it's recently had an addition built on, it's subject to zoning restrictions, it's susceptible to flooding. While these are things that we'd find out on our own, knowing them as early as possible makes your report arrive faster.
- Be sure the occupants know the the plan.
- One of the most time consuming parts of the appraisal process is confirming an appointment with the occupants of the home. It's understandable for a homeowner to be apprehensive with a stranger looking in every square foot of their home, taking pictures, and making numerous notes. Some think they should make the place spotless before the appraiser comes by, thinking that will increase the appraised value. So they put off the appraisal inspection until the house is cleaned.
Hearing it directly from you -- the 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 make it more likely their sale will close, and likely decrease the appraisal inspection time. Our website has several 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. And tell them it's in their interest to set the appointment without delay!
- Easily keep tabs on the status of your report on our website.
- 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 can be viewed instantly online. It's never been faster to keep track of your report's status.