Some Steps to Shorter Turn Times
The appraisal profession is continuously evolving. Each year, it seems, appraisers are asked to include extra information or have steps added to their research. All of this is to guarantee the end user receives the best data available. In order to stay current with the continuously changing requirements, Phoenix Valuations, LLC is constantly seeking additional tools and improving processes to increase efficiency so we can do more work for quickly. At Phoenix Valuations, LLC we know that time is important to everybody, so we've listed some tips you can do to speed up the process when you order an appraisal from Phoenix Valuations, LLC.
- Always order your appraisals on the Internet.
- By ordering online, you automatically receive e-mail acknowledgements 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 retype information from a fax, and you don't have to wonder whether the order was received.
- Are you providing complete and accurate information about the subject property?
- Having just one number incorrect 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 great information to pass long with your assignment. Even a list of recent sales in the area is welcome — 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 an appraisal we're working on for you.
- Are you telling us up front any features of the property that might make it unique?
- Cookie-cutter houses are relatively easy to appraise. Most of an appraiser's time is spent 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 elements of the home or surrounding area -- for example, it's had a recent addition put on, it's subject to zoning restrictions, it's predisposed to flooding. These are things we will find out on our own anyway, and knowing them as early as possible makes your report arrive faster.
- Does the homeowner know what to expect?
- One of the most inefficient tasks of the appraisal process is confirming an appointment with the homeowner. It's understandable for a homeowner to be apprehensive with an unknown person looking in every square foot of their home, taking photos, and making copious notes. One common belief is that they should make the place spotless before the appraisal inspection, under the impression that will increase the value. And will choose to not schedule the appraisal inspection until the house is cleaned.
Hearing it directly from you -- someone they have been working with on their loan -- a little bit about the appraisal process, who we are, and especially that dusting and polishing won't increase their home's value one little bit, and can decrease the appraisal inspection time. Please feel free to point your clients to this website, where we have multiple pages of useful 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. Remind them it benefits them to set the appointment quickly!
- Use our website to keep tabs on 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 each important milestone in an assignment is completed, that information is instantly available to you online. It's never been easier to keep track of the status of your report.