A Few Tips for Shorter Turn Times
The appraisal profession is continuously evolving. Regularly, it seems, appraisers are asked to offer more information or have steps added to their process. All to guarantee the end user has the best information possible. In order to keep up with the always changing requirements, Alaska Real Estate Appraisal is constantly acquiring new tools and tweaking processes to increase efficiency so we can do more work for our clients. Since Alaska Real Estate Appraisal knows that time is important to everyone, we've listed a couple of items you can do to decrease turn times each time you order an appraisal from Alaska Real Estate Appraisal.
- Order your appraisals online.
- By ordering online, you receive automatic e-mail acknowledgements 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 re-key information from a fax, and you don't have to wonder whether the order was received.
- Complete and accurate subject property data is key.
- 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 great data to pass long with your 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 may differ from yours.
You're always welcome to contact us if you have any questions about your property or an appraisal we're working on for you.
- Are you telling us up front any features of the property that might make it distinct?
- Cookie-cutter houses are relatively easy to appraise. What takes time is analyzing how differing characteristics contribute to or detract from what otherwise would be a property's market value. When you order your report, 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. These are things we'll find out on our own anyway, and knowing them as early as possible is likely to make your report arrive quicker.
- Be sure the homeowner knows the the plan.
- One of the most tedious steps of the appraisal process is confirming an appointment with the current homeowner. It's understandable for a homeowner to be uneasy with an outsider inspecting every square foot of their home, taking photos, and making numerous notes. With the belief that it will increase the appraised value, a few homeowners think they have to make the place spotless before the appraisal inspection. And will reschedule the appraisal inspection until they can get around to cleaning.
Coming directly from you -- someone they are working with on their loan -- a little info 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 decrease the time it takes to inspect a home. Our website has many pages of helpful information about the appraisal process for homeowners. I encourage you to share it with your customers. Have them call us if they want to meet our staff and learn more about our services. Remind them it benefits them to set the appointment promptly!
- Our website is a great resource for tracking 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 we complete each important milestone in an assignment, that information is instantly available to you online. It's never been easier to track the status of your report.