Five Hints for Shorter Turn Times
The appraisal profession is constantly evolving. Regularly, it seems, appraisers are asked to offer extra information or have steps added to their data gathering. All to guarantee the end user gets the best data possible. In order to keep up with the continuously changing requirements, REVARI (Real Estate Valuation and Research Inc.) is always acquiring new tools and tweaking processes in order to increase efficiency so we can do more work for our customers. At REVARI (Real Estate Valuation and Research Inc.) we know that time is important to everybody, so here are some tips you can do to reduce turn times each time you order an appraisal from REVARI (Real Estate Valuation and Research Inc.).
- Are you ordering appraisals online?
- When you order online, you automatically receive e-mail notifications that the assignment was received, and fast, secure .PDF format report delivery. This tip single-handedly will save the most time! We don't have to retype information from a fax, and nor will you wonder whether the order was received.
- Make sure 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 is great information to include with your request. We even welcome lists of recent sales from the area — though be advised that professional appraisers must always do their own due diligence on comparable sales, and ours may differ from yours.
If you have any questions about your property or a job we're working on for you, you're always free to call us at
- Tell us up front of the property's distinct characteristics.
- Cookie-cutter homes are relatively easy to appraise. Most of an appraiser's time is spent analyzing how unique elements add 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 elements of the home or surrounding area -- for example, it's recently had an addition constructed, it's subject to zoning restrictions, it's predisposed to flooding. While these are things that we'll find out on our own, knowing them as soon as possible will likely make your report arrive faster.
- Did you make the occupants of the home aware of what to expect?
- One of the most time consuming parts of the appraisal process is setting an inspection date with the homeowner. Some homeowners are clearly apprehensive with the idea an unknown persons wants to come in their house, look around, and make lots of notes. Many commonly think they must make the place spotless before the appraiser comes by, with the idea that will increase the value. So they put off the appraisal inspection until they can get around to cleaning.
Hearing it directly from you -- someone 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 change their home's value one little bit, and can decrease the appraisal inspection time. Our website has numerous pages of helpful information about the appraisal process for homeowners. I encourage you to share it with your clients. They can even call us if they want to become familiar with our staff and services. And tell them it benefits them to set the appointment soon!
- Are you using 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 we complete each important milestone in an assignment, that information is available to you online. There's no easier way to keep track of your report's status.