Five Suggestions for Swifter Turn Times
The appraisal profession is evolving constantly. Commonly, it seems, appraisers are asked to provide additional information or have steps added to their data gathering. All to ensure their client is presented with the best data available. In order to keep up with the always changing requirements, Phoenix Valuations, LLC is constantly seeking additional tools and tweaking 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 a couple of items you can do to speed up the process every time you order an appraisal from Phoenix Valuations, LLC.
- Are you ordering appraisals online?
- When you order online, you automatically receive e-mail notifications that the request was received, and fast, secure .PDF format report delivery. Online ordering is the single biggest time saver available to both of us! No longer do we have to re-key information from a fax, and nor will you wonder whether the order was received.
- Make sure that the subject property data is accurate and complete.
- Being just one number off on the street address can really unnecessarily slow down an appraisal assignment. Unique identifiers like a tax parcel number, plat map number, or subdivision name are helpful data to include with your request. Even a list of recent sales in the area is welcome — though be advised that professional appraisers are lawfully required to do their own due diligence on comparable sales, and ours might differ from yours.
You're always welcome to contact us if you have any questions about your property or an appraisal we're working on for you.
- Let us know up front of the property's unique features.
- Cookie-cutter houses are relatively easy to appraise. What takes time is analyzing how differing elements 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 features of the home or surrounding area -- for example, it's recently had an addition put on, it's subject to zoning restrictions, it's predisposed to flooding. While these are things that we'll find out on our own, knowing them early on will likely make your report arrive sooner.
- Set proper expectations with the occupants.
- One of the most tedious parts of the appraisal process is setting an appointment with the occupants of the home. We understand that a homeowner may be uncomfortable with a stranger inspecting every corner of their home, taking photos, and making abundant notes. Under the impression that it will make the house appraise for more money, some homeowners believe they need to make the place spotless before the inspection. So they reschedule the appointment until it is cleaned.
Hearing it directly from you -- the person they've been working with on their loan -- a little knowledge 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 shorten the time it takes to inspect a home. Our website has many pages of helpful information about the appraisal process for homeowners. I encourage you to share it with your customers. Have them call us if they want to become familiar with our staff and services. And tell them it's in their interest to set the appointment as quickly as possible!
- Easily verify the status of your report on our website.
- 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 to you online. It's never been faster and easier to track the status of your report.