Five Steps to Shorter Turn Times
The appraisal profession is always evolving. On a regular basis, it seems, appraisers are asked to supply additional information or have steps added to their process. All to guarantee their client gets the best data to be had. In order to keep up with the continuously changing requirements, P.M. Appraisals, Inc. is always seeking additional tools and improving processes to increase efficiency so we can do more work for in less time. Since P.M. Appraisals, Inc. knows that time is important to everyone, below are some things you can do to accelerate the process when you order an appraisal from P.M. Appraisals, Inc..
- Always order your appraisals online.
- By ordering online, you get automatic e-mail notifications that the order was received, and fast, secure .PDF format report delivery. This tip alone will save the most time! No longer do we have to manually enter information from a fax, and you don't have to wonder whether the order was received.
- Complete and accurate subject property data is essential.
- There's nothing like being one number off on the street address to 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 the request. Even a list of recent area sales is welcome — remember, however, that professional appraisers must always do their own due diligence on comparable sales, and ours may differ from yours.
If you have any questions about your property or a job we're working on for you, you're always free to contact us
- Are you letting us know up front any details 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. At the time you order your report, be sure to let us know if there are unique elements of the home or surrounding area -- for example, it's recently had an addition constructed, it's subject to zoning restrictions, it's susceptible to flooding. These are things we'll find out on our own anyway, and knowing them sooner makes your report arrive faster.
- Be sure the occupants know the the plan.
- Setting an inspection time and date with the homeowner can be one of the most time consuming parts in the appraisal process. Many homeowners are justifiably uncomfortable with the fact an unknown persons wants to come in their house, look around, and make copious notes. Believing that it will increase the value, some homeowners feel they need to make the place spotless before the appraisal inspection. So they choose to not schedule the inspection until they have cleaned.
Coming from you -- someone they've 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 can go a long way toward trimming the time it takes to inspect a home. I encourage you to point your customers to our website, where we have several pages of relevant information for homeowners as well as others about the appraisal process. Have them call us if they want to familiarize themselves with our staff and services. Remind them it benefits them to set the appointment without delay!
- Are you using our website as a resource to keep tabs on your report's status?
- 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 and easier to keep track of the status of your report.