5 Tips for Swifter Turn Times
The appraisal profession is evolving constantly. Commonly, it seems, appraisers are asked to present extra information or have steps added to their data gathering. All to ensure their client is presented with the best information to be had. In order to stay current with the constantly changing requirements, Triangle Residential Valuations is always researching new tools and improving processes to increase efficiency so we can do more work for faster. At Triangle Residential Valuations we know that time is important to everybody, so we've listed some tips you can do to hasten the process on any appraisals you order from Triangle Residential Valuations.
- Order your appraisals on the Internet.
- With online ordering, 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 nor will you wonder whether we received the order.
- Confirm that the subject property information is accurate and complete.
- Having just one number incorrect on the street address can really add unnecessary time to an appraisal assignment. Unique identifiers like a tax parcel number, plat map number, or subdivision name are helpful data to include with your request. We even welcome lists of recent sales in the area — though be advised 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 an appraisal we're working on for you, feel free to contact us
- 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 features 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 elements of the home or surrounding area -- for example, it's recently had an 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 early on makes your report arrive without delay.
- Be sure the occupants know the the plan.
- Confirming an inspection time and date with the homeowner can be one of the most inefficient steps in the appraisal process. We understand that a homeowner may be uneasy with an unknown person inspecting every corner of their home, taking photos, and making lots of notes. Some think they have to make the place spotless before the appraisal inspection, thinking that will increase the appraised value. So they put off the inspection until they can get around to cleaning.
Hearing it directly from you -- someone they are working with on their loan -- a little information 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 decrease the time it takes to inspect a home. Our website has several pages of useful 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 familiarize themselves with the staff and our services. And tell them it's to their benefit to set the appointment without delay!
- Our website is a great resource for following 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 each important milestone in an assignment is completed, that information can be viewed instantly online. There's no easier way to track the status of your report.