5 Steps to Faster Turn Times
The appraisal profession is evolving continuously. Every year, it seems, appraisers are asked to include more information or have steps added to their data gathering. All of this is to guarantee the end user receives the best information available. In order to stay current with the always changing requirements, REVARI (Real Estate Valuation and Research Inc.) is constantly testing new tools and improving processes to increase efficiency so we can do more work for our customers. Since REVARI (Real Estate Valuation and Research Inc.) knows that time is important to everyone, here are a handful of items you can do to decrease turn times whenever you order an appraisal with REVARI (Real Estate Valuation and Research Inc.).
- Always order your appraisals electronically.
- With online ordering, you automatically get e-mail confirmations that the assignment was received, and fast, secure .PDF format report delivery. Ordering online is the single biggest time saver available to both of us! We don't have to manually enter information from a fax, and you don't have to wonder whether we received the order.
- Make sure that the subject property data is accurate and complete.
- There's nothing like being one number off on the street address to unnecessarily delay an appraisal assignment. Unique identifiers like a tax parcel number, plat map number, or subdivision name are helpful data to include with the request. Even a list of recent area sales is welcome — though be advised that professional appraisers are lawfully required to do their own due diligence on comparable sales, and ours might differ from yours.
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- Are you telling us up front any features of the property that might make it distinct?
- Cookie-cutter houses are relatively easy to appraise. What takes time is analyzing how differing characteristics 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 features of the home or surrounding area -- for example, it's recently had an addition put on, it's subject to zoning restrictions, it's predisposed to flooding. These are things we would find out on our own anyway, and knowing them early on will likely make your report arrive quicker.
- Do the occupants know what to expect?
- One of the most tedious steps of the appraisal process is confirming an appointment with the occupants of the home. Many homeowners are clearly uncomfortable with the thought an outsider wants to come in their home, look around, and make copious notes. One common belief is that they must make the place spotless before the appraisal inspection, with the belief that will make the house appraise for more money. And will reschedule the appointment until they have cleaned.
Hearing it directly from you -- a person 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 make it more likely their sale will close, and can go a long way toward trimming the time it takes to inspect a home. Please feel free to point your customers to this website, where we have multiple pages of relevant information for homeowners as well as others regarding the appraisal process. They can even call us if they want to familiarize themselves with the staff and our services. And tell them it benefits them to set the appointment quickly!
- Easily verify 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. It's never been easier to keep track of your report's status.