A Few Hints for Shorter Turn Times
Appraising is a constantly changing profession. Commonly, it seems, appraisers are asked to include extra information or have steps added to their appraisal process. All of this is to ensure their client gets the best data possible. In order to stay current with the continuously changing requirements, REVARI (Real Estate Valuation and Research Inc.) is always acquiring additional tools and tweaking processes to increase efficiency so we can do more work for quickly. Since REVARI (Real Estate Valuation and Research Inc.) knows that time is important to everyone, we've listed a handful of items you can do to speed up the process on any appraisals you order with REVARI (Real Estate Valuation and Research Inc.).
- Are you ordering appraisals online?
- By ordering online, you automatically receive e-mail confirmations that the order was received, and fast, secure .PDF format report delivery. Ordering online 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.
- Complete and accurate subject property information is key.
- Having just one number incorrect on the street address can really add unnecessary time to 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 sales in the area is welcome — though be advised that professional appraisers must always do their own due diligence on comparable sales, and ours might differ from yours.
You're always welcome to contact us if you have any questions about your property or an assignment we're working on for you.
- Are you telling us up front any elements of the property that might make it distinct?
- Cookie-cutter homes are relatively easy to appraise. What takes time is analyzing how features unique to a property contribute 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 characteristics 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'll find out on our own anyway, and knowing them sooner is likely to make your report arrive quicker.
- Set proper expectations with the homeowner.
- Confirming an inspection time and date with the homeowner can be one of the most tedious tasks in the appraisal process. Some homeowners are justifiably uneasy with the fact an unknown persons wants to come in their house, look around, and take copious notes. Having the thought that it will increase the value, some homeowners think they need to make the place spotless before the appraisal inspection. And will choose to not schedule the inspection until the house is cleaned.
Coming from you -- someone 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 change their home's value one little bit, and can shorten the appraisal inspection time. I encourage you to point your clients to our website, where we have lots of pages of relevant information for homeowners and others describing the appraisal process. Have them call us if they want to familiarize themselves with the staff and our services. Remind them it's in their interest to set the appointment quickly!
- Why not our website as a resource to verify 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 is instantly available to you online. It's never been easier to track the status of your report.