Some Suggestions for Shorter Turn Times
The appraisal profession is always evolving. On a regular basis, it seems, appraisers are asked to provide additional information or have steps added to their research. They do this additional work to ensure the end user is presented with the best data possible. In order to keep up with the continuously changing requirements, Phoenix Valuations, LLC is continuously testing additional tools and tweaking processes in order to increase efficiency so we can do more work for you. Since Phoenix Valuations, LLC knows that time is important to everyone, we've listed some items you can do to decrease turn times each time you order an appraisal from Phoenix Valuations, LLC.
- Always order your appraisals on the Internet.
- By ordering online, you automatically get e-mail confirmations that the assignment was received, and fast, secure .PDF format report delivery. This tip single-handedly 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.
- 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 are great data to pass long with the 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 be different from yours.
Feel free to contact us if you have any questions about your property or a job we're working on for you.
- Let us know up front of the property's unique characteristics.
- It's relatively easy to appraise a cookie-cutter home. Most of an appraiser's time is spent analyzing how differing features contribute to or detract from what otherwise would be a property's market value. Let us know up front when ordering your report if there are unique features 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'd find out on our own, knowing them as early as possible is likely to make your report arrive quicker.
- Did you make the homeowner of the home aware of what to expect?
- Confirming 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 apprehensive with an outsider looking in every corner of their home, taking pictures, and making lots of notes. Under the belief that it will increase the value, some homeowners think they must make the place spotless before the appraisal inspection. And will choose to not schedule the appointment until the house is cleaned.
Hearing from you -- someone they are working with on their loan -- some information 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. Our website has several pages of relevant information about the appraisal process for homeowners. Please feel free to share it with your clients. Have them call us if they want to meet our staff and learn more about our services. Remind them it benefits them to set the appointment as quickly as possible!
- Why not our website as a resource to verify the status of your report?
- No more phone and fax tag. Up-to-the-minute status updates are available online, anytime, 24/7. As we complete each important milestone in an assignment, that information can be viewed instantly online. It's never been faster to keep track of the status of your report.