5 Suggestions for Quicker Turn Times
The appraisal profession is always evolving. Every year, it seems, appraisers are asked to present additional information or have steps added to their research. They do this additional work to guarantee their client has the best information possible. In order to keep up with the constantly changing requirements, A. M. Appraisals is constantly testing new tools and improving processes in order to increase efficiency so we can do more work for our customers. At A. M. Appraisals we know that time is important to everybody, so below are some items you can do to reduce turn times on any appraisals you order from A. M. Appraisals.
- Are you ordering appraisals online?
- By ordering online, you automatically get e-mail acknowledgements that the assignment was received, and fast, secure .PDF format report delivery. This tip single-handedly will save the most time! No longer do we have to manually enter information from a fax, and you don't have to 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 delay 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 be different from yours.
You're always free to contact us if you have any questions about your property or an assignment we're working on for you.
- Tell us up front of the property's distinct characteristics.
- Cookie-cutter homes are relatively easy to appraise. What takes time is analyzing how features unique to a property add 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 had a recent addition constructed, it's subject to zoning restrictions, it's susceptible to flooding. These are things we'd find out on our own anyway, and knowing them sooner makes your report arrive more quickly.
- Be sure the occupants know the the plan.
- One of the most tedious parts of the appraisal process is confirming an appointment with the homeowner. It's understandable for a homeowner to be apprehensive with an outsider inspecting every square foot of their home, taking photos, and making lots of notes. One common belief is that they must make the place spotless before the appraiser comes by, under the impression that will increase the value. So they reschedule the appointment until it is cleaned.
Hearing from you -- someone they have been working with on their loan -- a little 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 multiple pages of helpful information about the appraisal process for homeowners. I encourage you to share it with your clients. Advise them to call us if they want to familiarize themselves with the staff and our services. Remind them it benefits them to set the appointment soon!
- Easily verify the status of your report on our website.
- 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 can be viewed instantly online. It's never been faster and easier to track the status of your report.