5 Suggestions for Faster Turn Times
The appraisal profession is always evolving. Every year, it seems, appraisers are asked to offer extra information or have steps added to their appraisal process. All of this is to ensure their client has the best information possible. In order to keep up with the always changing requirements, Mike Noble Appraisals is constantly testing additional tools and tweaking processes to increase efficiency so we can do more work for more efficiently. At Mike Noble Appraisals we know that time is important to everybody, so here are some tips you can do to lessen turn times on any appraisals you order with Mike Noble Appraisals.
- Are you ordering appraisals online?
- When you order online, you get automatic e-mail acknowledgements that the request 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 retype information from a fax, and you don't have to wonder whether we got the order.
- Complete and accurate subject property information is essential.
- There's nothing like being one number off on the street address to add unnecessary time to an appraisal assignment. Unique identifiers like a tax parcel number, plat map number, or subdivision name are good 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 might differ from yours.
If you have any questions about your property or an assignment we're working on for you, don't hesitate to contact us
- Are you telling us up front any details of the property that might make it unique?
- It's relatively easy to appraise a cookie-cutter home. What takes time is analyzing how differing details 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 had a recent addition constructed, it's subject to zoning restrictions, it's predisposed to flooding. These are things we'd find out on our own anyway, and knowing them as early as possible will likely make your report arrive without delay.
- Be sure the homeowner knows the the plan.
- One of the most tedious parts of the appraisal process is setting an inspection date with the occupants of the home. Some current homeowners are understandably uneasy with the idea an unknown persons wants to come in their house, look around, and take abundant notes. A common belief is that they need to make the place spotless before the appraiser comes by, with the belief that will increase the value. And will choose to not schedule the appointment until it is cleaned.
Coming from you -- a person 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 affect their home's value one little bit, and can shorten the time it takes to inspect a home. I encourage you to point your clients to our website, where we have several pages of relevant information for homeowners as well as others describing the appraisal process. Have them call us if they want to familiarize themselves with our staff and services. And tell them it's to their benefit to set the appointment without delay!
- Easily follow 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 each important milestone in an assignment is completed, that information can be viewed instantly online. It's never been easier to track your report's status.