5 Suggestions for Faster Turn Times
The appraisal profession is evolving at all times. Each year, it seems, appraisers are asked to present extra information or have steps added to their research. All to ensure their client gets the best information possible. To stay current with the always changing requirements, BBH & Associates is continuously acquiring new tools and tweaking processes to increase efficiency so we can do more work for in less time. Since BBH & Associates knows that time is important to everyone, here are a few tips you can do to lessen turn times whenever you order an appraisal with BBH & Associates.
- Order your appraisals electronically.
- When you order online, you get automatic e-mail notifications that the order was received, and fast, secure .PDF format report delivery. This is the single biggest time saver available to both of us! No longer do we have to manually enter information from a fax, and nor will you wonder whether the order was received.
- Are you providing complete and accurate information about the subject property?
- 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 is helpful information to include with your request. Even a list of recent area sales is welcome — remember, however, that professional appraisers must always 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 assignment we're working on for you.
- Are you telling us up front any features 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 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 characteristics of the home or surrounding area -- for example, it's had a recent addition constructed, it's subject to zoning restrictions, it's prone to flooding. While these are things that we'd find out on our own, knowing them early on makes your report arrive faster.
- Let the occupants know what to expect.
- Setting an appointment with the homeowner can be one of the most inefficient steps in the appraisal process. It's understandable for a homeowner to be uncomfortable with an outsider inspecting every square foot of their home, taking photos, and making abundant notes. With the belief that it will increase the value, a few homeowners believe they ought to make the place spotless before the appraiser comes by. So they put off the appraisal inspection until it is cleaned.
Hearing it directly from you -- a person they have been working with on their loan -- a little knowledge 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 them to our website, where we have many pages of useful information for homeowners and others describing the appraisal process. They can even call us if they want to meet the staff and learn more about our services. And tell them it benefits them to set the appointment soon!
- Easily verify the status of your report on our website.
- Phone and fax tag are a thing of the past with up-to-the-minute status updates available online, anytime, 24/7. As each important milestone in an assignment is completed, that information is available instantly to you online. It's never been easier and faster to track your report's status.