A Few Tips for Shorter Turn Times
The appraisal profession is evolving continuously. Often, it seems, appraisers are asked to provide extra information or have steps added to their research. All of this is to guarantee their client gets the best data available. In order to keep up with the always changing requirements, P.M. Appraisals, Inc. is always researching new tools and improving processes in order to increase efficiency so we can do more work for you. At P.M. Appraisals, Inc. we know that time is important to everybody, so below are some items you can do to hasten the process on any appraisals ordered with P.M. Appraisals, Inc..
- Are you ordering appraisals online?
- With online ordering, you automatically receive e-mail acknowledgements that the order was received, and fast, secure .PDF format report delivery. It's the single biggest time saver available to both of us! We don't have to manually enter information from a fax, and nor will you wonder whether the order was received.
- Verify 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 is helpful information to include with your request. Even a list of recent area sales is welcome — though be advised that professional appraisers must always do their own due diligence on comparable sales, and ours may be different from yours.
You're always free to contact us if you have any questions about your property or an assignment we're working on for you.
- Tell us up front of the property's unique elements.
- Cookie-cutter homes are relatively easy to appraise. What takes time is analyzing how features unique to a property 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 elements of the home or surrounding area -- for example, it's had a recent addition constructed, it's subject to zoning restrictions, it's predisposed to flooding. While these are things that we'd find out on our own, knowing them as early as possible makes your report arrive more quickly.
- Does the homeowner know what to expect?
- One of the most time consuming steps of the appraisal process is setting an inspection date with the occupants of the home. We understand that a homeowner may be uneasy with a stranger looking in every square foot of their home, taking pictures, and making lots of notes. A common belief is that they have to make the place spotless before the inspection, with the idea that will increase the appraised value. So they choose to not schedule the inspection until they can get around to cleaning.
Hearing it directly from you -- a person they've been 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 decrease the appraisal inspection time. Our website has numerous pages of relevant information about the appraisal process for homeowners. I encourage you to share it with your clients. They can even call us if they want to familiarize themselves with the staff and our services. Remind them it's to their benefit to set the appointment quickly!
- 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 and easier to track your report's status.