5 Tips for Quicker Turn Times
The appraisal profession is evolving at all times. Commonly, it seems, appraisers are asked to present extra information or have steps added to their research. They do this extra work to ensure their client is presented with the best information possible. To keep up with the always changing requirements, R & R Real Estate Solutions is always researching new tools and tweaking processes to increase efficiency so we can do more work for our clients. At R & R Real Estate Solutions we know that time is important to everybody, so we've listed a couple of items you can do to hasten the process every time you order an appraisal from R & R Real Estate Solutions.
- Always order your appraisals on the Internet.
- By ordering online, you get automatic e-mail acknowledgements that the assignment was received, and fast, secure .PDF format report delivery. Online ordering is the single biggest time saver available to both of us! No longer do we have to retype information from a fax, and nor will you wonder whether the order was received.
- Confirm that the subject property data is accurate and complete.
- There's nothing like being one number off on the street address to add unnecessary time to an appraisal assignment. Unique identifiers like a tax parcel number, plat map number, or subdivision name is good information to pass long with the request. We even welcome lists of recent sales in the area — remember, however, that professional appraisers must always do their own due diligence on comparable sales, and ours may differ 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 letting us know up front any characteristics of the property that might make it distinct?
- Cookie-cutter houses are relatively easy to appraise. Most of an appraiser's time is spent analyzing how differing elements 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 constructed, it's subject to zoning restrictions, it's prone to flooding. These are things we would find out on our own anyway, and knowing them as soon as possible makes your report arrive earlier.
- Does the homeowner know what to expect?
- Setting an inspection time and date with the homeowner can be one of the most time consuming parts in the appraisal process. It's understandable for a homeowner to be uneasy with an outsider looking in every corner of their home, taking pictures, and making numerous notes. A common belief is that they should make the place spotless before the appraiser comes by, with the idea that will increase the value. So they reschedule the appraisal inspection until it is cleaned.
Hearing from you -- a person they have been working with on their loan -- a little knowledge 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 go a long way toward trimming the time it takes to inspect a home. Please feel free to point them to our website, where we have many pages of helpful information for homeowners and others describing the appraisal process. They can even call us if they want to meet our staff and learn more about our services. And tell them it benefits them to set the appointment promptly!
- Use our website to track your report's status.
- 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 keep track of the status of your report.
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