A Few Tips for Faster Turn Times
The appraisal profession is always evolving. On a regular basis, it seems, appraisers are asked to present more information or have steps added to their data gathering. All to ensure their client has the best information possible. In order to stay current with the constantly changing requirements, Astute Appraisals, Inc. is constantly testing additional tools and tweaking processes in order to increase efficiency so we can do more work for faster. Since Astute Appraisals, Inc. knows that time is important to everyone, here are a handful of tips you can do to speed up the process every time you order an appraisal from Astute Appraisals, Inc..
- Are you ordering appraisals online?
- When you order online, you receive automatic e-mail notifications that the assignment was received, and fast, secure .PDF format report delivery. It's the single biggest time saver available to both of us! No longer do we have to re-key information from a fax, and you don't have to wonder whether the order was received.
- Complete and accurate subject property information is crucial.
- 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 are good data to pass long with the assignment. We even welcome lists of recent sales in 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.
You're always free to call us at if you have any questions about your property or an appraisal we're working on for you.
- Are you telling us 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. At the time you order your report, be sure to let us know if there are unique characteristics of the home or surrounding area -- for example, it's recently had an addition put on, it's subject to zoning restrictions, it's prone to flooding. These are things we would find out on our own anyway, and knowing them early on will likely make your report arrive faster.
- Do the occupants know what to expect?
- One of the most inefficient parts of the appraisal process is setting an appointment with the homeowner. It's understandable for a homeowner to be uneasy with an outsider inspecting every corner of their home, taking photos, and making abundant notes. Many commonly think they must make the place spotless before the inspection, with the idea that will increase the appraised value. And will choose to not schedule the appraisal inspection until they can get around to cleaning.
Coming directly from you -- a person they have been working with on their loan -- a short explanation 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 appraisal inspection time. I encourage you to point your customers to this website, where we have multiple pages of useful information for homeowners as well as others about the appraisal process. They can even call us if they want to meet our staff and learn more about our services. And tell them it benefits them to set the appointment promptly!
- Our website is a great resource for tracking your report's status.
- 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 can be viewed instantly online. It's never been easier and faster to track your report's status.