Five Tips for Faster Turn Times
Appraising is a constantly changing profession. Regularly, it seems, appraisers are asked to supply additional information or have steps added to their appraisal process. All of this is to guarantee the end user is presented with the best data to be had. In order to stay current with the continuously changing requirements, PSM Appraisals, LLC is constantly acquiring additional tools and improving processes to increase efficiency so we can do more work for you. At PSM Appraisals, LLC we know that time is important to everybody, so here are some things you can do to lessen turn times each time you order an appraisal with PSM Appraisals, LLC.
- Are you ordering appraisals online?
- With online ordering, you automatically receive e-mail acknowledgements that the assignment was received, and fast, secure .PDF format report delivery. This tip alone will save the most time! No longer do we have to retype information from a fax, and nor will you wonder whether we got the order.
- Are you providing complete and accurate data about the subject property?
- Having just one number incorrect on the street address can really unnecessarily slow down an appraisal assignment. And if you have a tax parcel number, plat map number, subdivision name or anything else that uniquely identifies the property, please pass it along. Even a list of recent area sales is welcome — remember, however, that professional appraisers are lawfully required to do their own due diligence on comparable sales, and ours might differ from yours.
Feel free to contact us if you have any questions about your property or a job we're working on for you.
- Be sure to let us know about the unique features of this property.
- Cookie-cutter homes are relatively easy to appraise. What takes time is analyzing how differing elements contribute 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 constructed, it's subject to zoning restrictions, it's prone to flooding. While these are things that we'd find out on our own, knowing them as early as possible makes your report arrive earlier.
- Let the homeowner know what to expect.
- Setting an appointment with the homeowner can be one of the most time consuming tasks in the appraisal process. Many homeowners are clearly apprehensive with the idea an outsider wants to come in their house, look around, and take numerous notes. One common belief is that they ought to make the place spotless before the appraiser comes by, with the belief that will increase the value. So they reschedule the appraisal inspection until it is cleaned.
Coming from you -- a person they've been working with on their loan -- a little 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 can decrease the time it takes to inspect a home. I encourage you to point your clients to our website, where we have multiple pages of relevant information for homeowners and others regarding the appraisal process. Have them call us if they want to meet the staff and learn more about our services. Remind them it benefits them to set the appointment promptly!
- 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 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.