5 Hints for Faster Turn Times
The appraisal profession is always evolving. Often, it seems, appraisers are asked to provide additional information or have steps added to their process. They do this extra work to ensure their client has the best data possible. In order to keep up with the constantly changing requirements, Timeline Appraisal Services, LLC is always researching additional tools and tweaking processes in order to increase efficiency so we can do more work for you. Since Timeline Appraisal Services, LLC knows that time is important to everyone, below are some things you can do to decrease turn times on any appraisals you order with Timeline Appraisal Services, LLC.
- Are you ordering appraisals online?
- With online ordering, you get automatic e-mail notifications that the request was received, and fast, secure .PDF format report delivery. This tip alone will save the most time! No longer do we have to re-key information from a fax, and nor will you wonder whether the order was received.
- Complete and accurate subject property data is key.
- Having just one number incorrect on the street address can really unnecessarily interrupt an appraisal assignment. Unique identifiers like a tax parcel number, plat map number, or subdivision name is helpful information to pass long with the request. Even a list of recent sales in the area is welcome — remember, however, 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 contact us
- Are you letting us know up front any details of the property that might make it distinct?
- It's relatively easy to appraise a cookie-cutter house. What takes time is analyzing how characteristics unique to a property 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 details of the home or surrounding area -- for example, it's recently had an addition constructed, it's subject to zoning restrictions, it's susceptible to flooding. These are things we will find out on our own anyway, and knowing them as early as possible will likely make your report arrive quicker.
- Let the occupants know what to expect.
- Setting an inspection time and date with the homeowner can be one of the most time consuming parts in the appraisal process. Some current homeowners are understandably uncomfortable with the thought a stranger wants to come in their house, look around, and make lots of notes. One common belief is that they must make the place spotless before the inspection, believing that will increase the appraised value. So they choose to not schedule the inspection until it is cleaned.
Hearing it directly from you -- someone they are working with on their loan -- some 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 likely shorten the time it takes to inspect a home. Our website has many pages of relevant information about the appraisal process for homeowners. Please feel free to share it with your clients. Tell them to call us if they want to meet the staff and learn more about our services. Remind them it's to their advantage to set the appointment soon!
- Use our website to verify your report's status.
- Phone and fax tag are a thing of the past with up-to-the-minute status updates available online, anytime, 24/7. As we complete each important milestone in an assignment, that information is instantly available to you online. It's never been easier to keep track of the status of your report.