Five Suggestions for Swifter Turn Times
The appraisal profession is evolving constantly. On a regular basis, it seems, appraisers are asked to offer additional information or have steps added to their research. All of this is to ensure their client gets the best data possible. In order to keep up with the always changing requirements, The August Group Inc. is continuously researching new tools and tweaking processes in order to increase efficiency so we can do more work for you. Since The August Group Inc. knows that time is important to everyone, we've listed some tips you can do to speed up the process on any appraisals ordered from The August Group Inc..
- Are you ordering appraisals online?
- By ordering online, you get automatic e-mail notifications that the request was received, and fast, secure .PDF format report delivery. This tip alone will save the most time! We don't have to retype information from a fax, and you don't have to wonder whether we received the request.
- Verify that the subject property data is accurate and complete.
- Being just one number off on the street address can really 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 in the area — though be advised that professional appraisers are lawfully required to do their own due diligence on comparable sales, and ours might 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.
- Be sure to let us know about the unique elements of this property.
- Cookie-cutter houses are relatively easy to appraise. What takes time is analyzing how differing features add to or detract from what otherwise would be a property's market value. When ordering 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. While these are things that we'll find out on our own, knowing them as early as possible is likely to make your report arrive without delay.
- Be sure the homeowner knows the the plan.
- Setting an appointment with the homeowner can be one of the most inefficient tasks in the appraisal process. We understand that a homeowner may be uneasy with an outsider inspecting every corner of their home, taking pictures, and making copious notes. One common belief is that they need to make the place spotless before the inspection, with the notion that will increase the appraised value. So they put off the appointment until it is cleaned.
Hearing 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 make it more likely their sale will close, and can shorten the appraisal inspection time. Please feel free to point your customers to this website, where we have many pages of relevant information for homeowners and others describing the appraisal process. Advise them to call us if they want to become familiar with the staff and our services. Remind them it's in their interest to set the appointment promptly!
- Easily follow 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 is available to you online. It's never been easier to track your report's status.