Five Suggestions for Shorter Turn Times
The appraisal profession is always evolving. Commonly, it seems, appraisers are asked to offer more information or have steps added to their appraisal process. All to ensure the end user gets the best data to be had. In order to stay current with the continuously changing requirements, REVARI (Real Estate Valuation and Research Inc.) is continuously acquiring new tools and improving processes in order to increase efficiency so we can do more work for our clients. At REVARI (Real Estate Valuation and Research Inc.) we know that time is important to everybody, so below are a few things you can do to lower turn times whenever you order an appraisal with REVARI (Real Estate Valuation and Research Inc.).
- Order your appraisals electronically.
- 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! 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. 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 area sales is welcome — remember, however, that professional appraisers are lawfully required to do their own due diligence on comparable sales, and ours may be different from yours.
You're always free to contact us if you have any questions about your property or a job we're working on for you.
- Be sure to let us know about the unique characteristics of this property.
- Cookie-cutter homes are relatively easy to appraise. What takes time is analyzing how differing features 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 features of the home or surrounding area -- for example, it's had a recent addition constructed, it's subject to zoning restrictions, it's prone to flooding. While these are things that we'll find out on our own, knowing them as early as possible will likely make your report arrive sooner.
- Does the homeowner know what to expect?
- One of the most inefficient steps of the appraisal process is setting an appointment with the occupants of the home. It's understandable for a homeowner to be uneasy with a stranger looking in every square foot of their home, taking photos, and making lots of notes. With the idea that it will make the house appraise for more money, a few homeowners think they have to make the place spotless before the inspection. So they reschedule the inspection until the house is cleaned.
Coming from you -- the person they are working with on their loan -- a little 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 likely shorten the time it takes to inspect a home. Our website has several pages of helpful information about the appraisal process for homeowners. I encourage you to share it with your customers. They can even call us if they want to familiarize themselves with our staff and services. Remind them it's in their interest to set the appointment as quickly as possible!
- Easily track 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 is available instantly to you online. There's no easier or faster way to keep track of your report's status.