5 Suggestions for Swifter Turn Times
The appraisal profession is evolving continuously. Often, it seems, appraisers are asked to offer more information or have steps added to their process. They do this extra work to ensure their client gets the best data to be had. To stay current with the continuously changing requirements, Race Appraisal Services, LLC is always seeking new tools and tweaking processes to increase efficiency so we can do more work for you. Since Race Appraisal Services, LLC knows that time is important to everyone, we've listed a few things you can do to speed up the process on any appraisals you order with Race Appraisal Services, LLC.
- 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. It's the single biggest time saver available to both of us! No longer do we have to manually enter information from a fax, and nor will you wonder whether we got the request.
- Verify that the subject property information 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 are good data to pass long with your assignment. Even a list of recent area sales is welcome — though be advised that professional appraisers must always do their own due diligence on comparable sales, and ours may differ from yours.
You're always free to call us at if you have any questions about your property or a job we're working on for you.
- Are you telling us up front any characteristics of the property that might make it unique?
- Cookie-cutter houses are relatively easy to appraise. What takes time is analyzing how differing details contribute to or detract from what otherwise would be a property's market value. When you order your report, let us know if there are unique elements of the home or surrounding area -- for example, it's had a recent addition put on, 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 sooner makes your report arrive quicker.
- Be sure the occupants know the the plan.
- One of the most time consuming tasks of the appraisal process is confirming an appointment with the current homeowner. It's understandable for a homeowner to be uneasy with an outsider inspecting every corner of their home, taking pictures, and making lots of notes. One common belief is that they must make the place spotless before the appraisal inspection, with the belief that will increase the appraised value. And will choose to not schedule the appraisal inspection until it is cleaned.
Coming directly from you -- a person they are working with on their loan -- a little info about the appraisal process, who we are, and especially that dusting and polishing won't increase their home's value one little bit, and likely go a long way toward trimming the time it takes to inspect a home. I encourage you to point them to this website, where we have several pages of useful information for homeowners and others about the appraisal process. Have them call us if they want to become familiar with our staff and services. And tell them it benefits them to set the appointment as soon as possible!
- Use our website to track your report's status.
- Phone and fax tag are a thing of the past with up-to-the-minute status updates available online, anytime, 24/7. As each important milestone in an assignment is completed, that information is available to you online. It's never been faster to track the status of your report.