Five Steps to Shorter Turn Times
The appraisal profession is constantly evolving. On a regular basis, it seems, appraisers are asked to include more information or have steps added to their research. All of this is to guarantee their client is presented with the best data possible. To keep up with the always changing requirements, Gregory James Company, Inc. is constantly acquiring new tools and improving processes in order to increase efficiency so we can do more work for our customers. Since Gregory James Company, Inc. knows that time is important to everyone, we've listed a few tips you can do to lessen turn times each time you order an appraisal from Gregory James Company, Inc..
- Always order your appraisals electronically.
- With online ordering, you automatically receive e-mail notifications that the request was received, and fast, secure .PDF format report delivery. This is the single biggest time saver available to both of us! We don't have to manually enter information from a fax, and nor will you wonder whether we got the request.
- Are you providing complete and accurate data about the subject property?
- There's nothing like being one number off on the street address to add unnecessary time to an appraisal assignment. And if you have a tax parcel number, plat map number, subdivision name or anything else that uniquely identifies the property, please pass it along. 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.
Feel free to contact us if you have any questions about your property or an appraisal we're working on for you.
- Let us know up front of the property's distinct elements.
- Cookie-cutter homes are relatively easy to appraise. What takes time is 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 constructed, it's subject to zoning restrictions, it's susceptible to flooding. These are things we would find out on our own anyway, and knowing them as soon as possible will likely make your report arrive quicker.
- Set proper expectations with the occupants.
- One of the most inefficient tasks of the appraisal process is setting an inspection date with the occupants of the home. Many current homeowners are justifiably uncomfortable with the fact a stranger wants to come in their home, look around, and make numerous notes. One common belief is that they should make the place spotless before the appraiser comes by, believing that will make the house appraise higher. So they reschedule the appraisal inspection until they can get around to cleaning.
Coming from you -- a person they have been 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 likely decrease the time it takes to inspect a home. Our website has multiple pages of useful information about the appraisal process for homeowners. Please feel free to share it with your customers. Encourage them to 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 quickly!
- Why not our website as a resource to track 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 and faster to track the status of your report.