5 Steps to Faster Turn Times
Appraising is a constantly changing profession. Regularly, it seems, appraisers are asked to include additional information or have steps added to their process. All to guarantee the end user gets the best data to be had. In order to keep up with the always changing requirements, REID E. CHOATE & ASSOCIATES, LLC is always seeking new tools and improving processes in order to increase efficiency so we can do more work for faster. At REID E. CHOATE & ASSOCIATES, LLC we know that time is important to everybody, so here are a handful of tips you can do to lower turn times whenever you order an appraisal with REID E. CHOATE & ASSOCIATES, LLC.
- Are you ordering appraisals online?
- When you order online, you get automatic e-mail acknowledgements that the assignment was received, and fast, secure .PDF format report delivery. Online ordering is the single biggest time saver available to both of us! We don't 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 crucial.
- Being just one number off 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 is great information to include with the assignment. We even welcome lists of recent sales in the area — though be advised that professional appraisers are lawfully required to do their own due diligence on comparable sales, and ours may differ 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.
- Let us know up front of the property's unique characteristics.
- Cookie-cutter homes are relatively easy to appraise. Most of an appraiser's time is spent analyzing how elements 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 put on, it's subject to zoning restrictions, it's predisposed to flooding. These are things we would find out on our own anyway, and knowing them early on is likely to make your report arrive faster.
- Be sure the occupants know the the plan.
- Setting an appointment with the homeowner can be one of the most tedious steps in the appraisal process. Some homeowners are justifiably apprehensive with the thought an unknown persons wants to come in their house, look around, and take numerous notes. A common belief is that they need to make the place spotless before the appraisal inspection, with the idea that will increase the value. So they choose to not schedule the appraisal inspection until it is cleaned.
Coming directly from you -- the person they have 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 shorten the time it takes to inspect a home. Please feel free to point them to our website, where we have lots of pages of relevant information for homeowners as well as others describing the appraisal process. Encourage them to call us if they want to become familiar with the staff and our services. Remind them it benefits them to set the appointment as soon as possible!
- Our website is a great resource for following the status of your report.
- Phone and fax tag are a thing of the past with up-to-the-minute status updates available online, anytime, 24/7. As each important milestone in an assignment is completed, that information can be viewed instantly online. It's never been faster and easier to track the status of your report.