Five Suggestions for Faster Turn Times
The appraisal profession is evolving at all times. Regularly, it seems, appraisers are asked to offer more information or have steps added to their appraisal process. All to ensure their client gets the best information to be had. To keep up with the constantly changing requirements, South Shore Realty Advisors, Inc is continuously researching new tools and improving processes to increase efficiency so we can do more work for our customers. Since South Shore Realty Advisors, Inc knows that time is important to everyone, below are a couple of things you can do to hasten the process every time you order an appraisal from South Shore Realty Advisors, Inc.
- Are you ordering appraisals online?
- By ordering online, you automatically receive e-mail confirmations that the order was received, and fast, secure .PDF format report delivery. This is the single biggest time saver available to both of us! We don't have to re-key information from a fax, and nor will you 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 delay an appraisal assignment. Unique identifiers like a tax parcel number, plat map number, or subdivision name are good data to pass long with your assignment. 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 differ from yours.
Feel free to contact us if you have any questions about your property or a job we're working on for you.
- Are you letting us know up front any characteristics of the property that might make it distinct?
- It's relatively easy to appraise a cookie-cutter home. What takes time is analyzing how unique details add to or detract from what otherwise would be a property's market value. When ordering your report, let us know if there are unique details 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 would find out on our own, knowing them sooner will likely make your report arrive earlier.
- Set proper expectations with the occupants.
- Setting an inspection time and date with the homeowner can be one of the most tedious parts in the appraisal process. We understand that a homeowner may be uncomfortable with an outsider looking in every corner of their home, taking photos, and making lots of notes. A common belief is that they have to make the place spotless before the appraiser comes by, with the notion that will increase the appraised value. So they reschedule the inspection until they can get around to cleaning.
Hearing it directly 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 increase their home's value one little bit, and likely shorten the appraisal inspection time. Our website has multiple pages of helpful information about the appraisal process for homeowners. Please feel free 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 quickly!
- Our website is a great resource for keeping tabs on 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 each important milestone in an assignment is completed, that information is available instantly to you online. There's no easier way to keep track of your report's status.
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