Five Hints for Quicker Turn Times
The appraisal profession is evolving at all times. Every year, it seems, appraisers are asked to offer additional information or have steps added to their data gathering. All of this is to ensure the end user receives the best information to be had. To keep up with the continuously changing requirements, W. Eric Howard & Associates is constantly testing additional tools and tweaking processes to increase efficiency so we can do more work for you. Since W. Eric Howard & Associates knows that time is important to everyone, here are some things you can do to trim turn times on any appraisals you order from W. Eric Howard & Associates.
- Are you ordering appraisals online?
- With online ordering, you automatically receive e-mail notifications 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 manually enter information from a fax, and you don't have to wonder whether the order was received.
- Are you providing complete and accurate data about the subject property?
- 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 are helpful data to include with your assignment. We even welcome lists of recent sales from the area — though be advised that professional appraisers must always do their own due diligence on comparable sales, and ours may differ from yours.
You're always welcome to call us at if you have any questions about your property or an appraisal we're working on for you.
- Are you telling us up front any elements of the property that might make it unique?
- It's relatively easy to appraise a cookie-cutter house. What takes time is analyzing how elements 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 recently had an addition constructed, 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 sooner is likely to make your report arrive quicker.
- Let the homeowner know what to expect.
- Setting an inspection time and date with the homeowner can be one of the most time consuming parts in the appraisal process. It's understandable for a homeowner to be apprehensive with an unknown person looking in every square foot of their home, taking photos, and making copious notes. With the notion that it will increase the value, a few homeowners feel they must make the place spotless before the appraiser comes by. So they choose to not schedule the inspection until they can get around to cleaning.
Hearing from you -- the person they have been working with on their loan -- a little 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 go a long way toward trimming the time it takes to inspect a home. I encourage you to point your customers to our website, where we have many pages of relevant information for homeowners as well as others describing the appraisal process. 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 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 each important milestone in an assignment is completed, that information can be viewed instantly online. There's no faster way to keep track of your report's status.