Five Steps to Shorter Turn Times
Appraising is a constantly changing profession. On a regular basis, it seems, appraisers are asked to include extra information or have steps added to their data gathering. They do this extra work to ensure the end user receives the best data possible. To stay current with the continuously changing requirements, REID E. CHOATE & ASSOCIATES, LLC is always researching new tools and tweaking processes to increase efficiency so we can do more work for our clients. Since REID E. CHOATE & ASSOCIATES, LLC knows that time is important to everyone, we've listed a few tips you can do to speed up the process whenever you order an appraisal with REID E. CHOATE & ASSOCIATES, LLC.
- Always order your appraisals on the Internet.
- By ordering online, you get automatic e-mail acknowledgements that the order was received, and fast, secure .PDF format report delivery. This tip single-handedly 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 request.
- Make sure that the subject property data is accurate and complete.
- Having just one number incorrect 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 pass long with your assignment. We even welcome lists of recent sales in the area — remember, however, that professional appraisers are lawfully required to do their own due diligence on comparable sales, and ours may differ from yours.
If you have any questions about your property or an assignment we're working on for you, you're always welcome to call us at
- Be sure to let us know about the property's distinct elements.
- Cookie-cutter homes are relatively easy to appraise. Most of an appraiser's time is spent analyzing how characteristics unique to a property contribute to or detract from what otherwise would be a property's market value. Let us know up front when you order your report if there are unique features of the home or surrounding area -- for example, it's had a recent 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 as soon as possible will likely make your report arrive earlier.
- Are you making the homeowner of the home aware of what to expect?
- Setting an inspection time and date with the homeowner can be one of the most time consuming steps in the appraisal process. Some current homeowners are understandably uneasy with the idea an unknown persons wants to come in their house, look around, and make lots of notes. Under the belief that it will increase the value, some homeowners believe they have to make the place spotless before the appraisal inspection. And will choose to not schedule the inspection until it is cleaned.
Coming from you -- a 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 change their home's value one little bit, and can shorten the appraisal inspection time. Our website has multiple pages of useful information about the appraisal process for homeowners. Please feel free to share it with your customers. 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 as soon as possible!
- Use our website to follow your report's status.
- Phone and fax tag are a thing of the past with 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 easier to track your report's status.