A Few Hints for Shorter Turn Times
The appraisal profession is continuously evolving. Each year, it seems, appraisers are asked to present extra information or have steps added to their research. All of this is to guarantee their client gets the best information available. In order to keep up with the always changing requirements, Kent & Associates Appraisal is constantly acquiring additional tools and tweaking processes in order to increase efficiency so we can do more work for quickly. Since Kent & Associates Appraisal knows that time is important to everyone, we've listed some tips you can do to reduce turn times on any appraisals you order with Kent & Associates Appraisal.
- Are you ordering appraisals online?
- By ordering online, you automatically receive e-mail acknowledgements that the request was received, and fast, secure .PDF format report delivery. This is the single biggest time saver available to both of us! No longer do we have to manually enter information from a fax, and you don't have to wonder whether we got the request.
- Complete and accurate subject property information is essential.
- There's nothing like being one number off on the street address to unnecessarily delay 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. We even welcome lists of recent sales from the area — remember, however, that professional appraisers are lawfully required to do their own due diligence on comparable sales, and ours may be different 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 telling us up front any features of the property that might make it distinct?
- It's relatively easy to appraise a cookie-cutter home. What takes time is analyzing how characteristics unique to a property 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 features of the home or surrounding area -- for example, it's recently had an addition put on, it's subject to zoning restrictions, it's prone to flooding. These are things we will find out on our own anyway, and knowing them as early as possible is likely to make your report arrive more quickly.
- Set proper expectations with the occupants.
- One of the most time consuming steps of the appraisal process is setting an inspection date with the occupants of the home. We understand that a homeowner may be uncomfortable with a stranger inspecting every corner of their home, taking photos, and making lots of notes. Under the belief that it will increase the value, many homeowners feel they have to make the place spotless before the appraisal inspection. So they choose to not schedule the appraisal inspection until it is cleaned.
Hearing from you -- the person they are working with on their loan -- a little bit about the appraisal process, who we are, and especially that dusting and polishing won't affect their home's value one little bit, and can decrease the appraisal inspection time. I encourage you to point your clients to our website, where we have several pages of helpful information for homeowners and others about the appraisal process. Tell them to 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 promptly!
- Why not our website as a resource to keep tabs on the status of your report?
- 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 we complete each important milestone in an assignment, that information can be viewed instantly online. It's never been easier to track your report's status.