5 Suggestions for Shorter Turn Times
The appraisal profession is evolving continuously. Commonly, it seems, appraisers are asked to present more information or have steps added to their data gathering. All to guarantee the end user has the best information possible. To keep up with the always changing requirements, R.M. Rose is constantly seeking additional tools and improving processes to increase efficiency so we can do more work for quickly. Since R.M. Rose knows that time is important to everyone, we've listed a few tips you can do to reduce turn times on any appraisals you order with R.M. Rose.
- Are you ordering appraisals online?
- When you order online, you get automatic e-mail acknowledgements that the order was received, and fast, secure .PDF format report delivery. This tip single-handedly will save the most time! No longer do we have to re-key information from a fax, and nor will you wonder whether we got the request.
- Confirm that the subject property data is accurate and complete.
- Being just one number off on the street address can really add unnecessary time to an appraisal assignment. Unique identifiers like a tax parcel number, plat map number, or subdivision name is good information to pass long with your request. We even welcome lists of recent sales from the area — though be advised that professional appraisers are lawfully required to do their own due diligence on comparable sales, and ours might differ from yours.
If you have any questions about your property or a job we're working on for you, don't hesitate to contact us
- Are you letting us know up front any characteristics of the property that might make it unique?
- It's relatively easy to appraise a cookie-cutter house. What takes time is analyzing how differing details add to or detract from what otherwise would be a property's market value. Let us know up front when you order your report 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 susceptible to flooding. While these are things that we'll find out on our own, knowing them sooner will likely make your report arrive quicker.
- Let the occupants know what to expect.
- One of the most inefficient tasks of the appraisal process is setting an appointment with the homeowner. It's understandable for a homeowner to be uneasy with an unknown person inspecting every corner of their home, taking pictures, and making numerous notes. A common belief is that they need to make the place spotless before the inspection, with the belief that will make the house appraise higher. So they choose to not schedule the inspection until it is cleaned.
Coming from you -- a person they've been working with on their loan -- some 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 decrease the time it takes to inspect a home. Please feel free to point them to our website, where we have many pages of useful information for homeowners and others about the appraisal process. Have them call us if they want to meet our staff and learn more about our services. Remind them it's in their interest to set the appointment as quickly as possible!
- Are you using our website as a resource to keep track of 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 can be viewed instantly online. It's never been easier to keep track of the status of your report.