Some Steps to Faster Turn Times
Appraising is a constantly changing profession. Commonly, it seems, appraisers are asked to present more information or have steps added to their appraisal process. All to ensure the end user has the best information available. In order to stay current with the always changing requirements, REVARI (Real Estate Valuation and Research Inc.) is continuously seeking new tools and improving processes to increase efficiency so we can do more work for you. At REVARI (Real Estate Valuation and Research Inc.) we know that time is important to everybody, so here are some items you can do to lower turn times each time you order an appraisal with REVARI (Real Estate Valuation and Research Inc.).
- Always order your appraisals electronically.
- When you order online, you automatically receive e-mail acknowledgements that the assignment was received, and fast, secure .PDF format report delivery. This 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 essential.
- There's nothing like being one number off on the street address to 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. We even welcome lists of recent sales from the area — remember, however, that professional appraisers are lawfully required to do their own due diligence on comparable sales, and ours may be different from yours.
Feel free to contact us if you have any questions about your property or an assignment we're working on for you.
- Be sure to tell us about the property's unique characteristics.
- It's relatively easy to appraise a cookie-cutter home. What takes time is analyzing how unique characteristics 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 features 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. While these are things that we'd find out on our own, knowing them as early as possible makes your report arrive sooner.
- Let the occupants know what to expect.
- Setting an inspection time and date with the homeowner can be one of the most inefficient steps in the appraisal process. It's understandable for a homeowner to be apprehensive with an outsider inspecting every square foot of their home, taking pictures, and making abundant notes. A common belief is that they must make the place spotless before the appraisal inspection, having the thought that will make the house appraise for more money. So they put off the appraisal inspection until they have cleaned.
Coming from you -- the person they've been working with on their loan -- some 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. Our website has lots of pages of relevant information about the appraisal process for homeowners. Please feel free to share it with your clients. Advise them to call us if they want to meet the staff and learn more about our services. And tell them it's to their advantage to set the appointment promptly!
- Easily verify the status of your report on our website.
- No more phone and fax tag. Up-to-the-minute status updates are 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 easier to keep track of your report's status.