5 Steps to Swifter Turn Times
The appraisal profession is always evolving. Regularly, it seems, appraisers are asked to offer more information or have steps added to their data gathering. All to guarantee the end user receives the best information available. To keep up with the continuously changing requirements, Race Appraisal Services, LLC is always seeking additional tools and improving processes to increase efficiency so we can do more work for our clients. Since Race Appraisal Services, LLC knows that time is important to everyone, we've listed a couple of things you can do to accelerate the process when you order an appraisal from Race Appraisal Services, LLC.
- Are you ordering appraisals online?
- With online ordering, you receive automatic e-mail acknowledgements that the order was received, and fast, secure .PDF format report delivery. It's the single biggest time saver available to both of us! We don't have to re-key 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?
- Having just one number incorrect on the street address can really unnecessarily interrupt an appraisal assignment. Unique identifiers like a tax parcel number, plat map number, or subdivision name are good data to include with the request. 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.
Feel free to contact us if you have any questions about your property or an assignment we're working on for you.
- Are you letting us know up front any elements of the property that might make it unique?
- Cookie-cutter houses are relatively easy to appraise. What takes time is analyzing how differing elements add to or detract from what otherwise would be a property's market value. Let us know up front when ordering your report if there are unique details 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. While these are things that we will find out on our own, knowing them as soon as possible makes your report arrive sooner.
- Be sure the occupants know the the plan.
- One of the most time consuming parts of the appraisal process is setting an appointment with the homeowner. It's understandable for a homeowner to be uncomfortable with an outsider inspecting every corner of their home, taking pictures, and making numerous notes. Under the impression that it will make the house appraise for more money, some homeowners feel they must make the place spotless before the appraisal inspection. So they put off the appointment until it is cleaned.
Hearing from you -- someone they have been working with on their loan -- some 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 shorten the time it takes to inspect a home. Please feel free to point your clients to our website, where we have lots of pages of useful information for homeowners and others regarding the appraisal process. They can even call us if they want to become familiar with our staff and services. Remind them it's in their interest to set the appointment promptly!
- Easily follow 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 to keep track of the status of your report.