Five Steps to Faster Turn Times
The appraisal profession is evolving at all times. Often, it seems, appraisers are asked to include extra information or have steps added to their research. All to ensure the end user gets the best data possible. To keep up with the continuously changing requirements, The August Group Inc. is constantly researching additional tools and improving processes 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 reduce turn times every time you order an appraisal with The August Group Inc..
- Are you ordering appraisals online?
- By ordering online, you get automatic 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 retype information from a fax, and you don't have to wonder whether we received the request.
- Complete and accurate subject property information is key.
- 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 must always do their own due diligence on comparable sales, and ours might differ from yours.
If you have any questions about your property or an assignment we're working on for you, don't hesitate to contact us
- Are you telling us up front any characteristics of the property that might make it distinct?
- 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. When ordering your report, let us know if there are unique characteristics 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 will likely make your report arrive faster.
- What are you doing to make the homeowner of the home aware of what to expect?
- Confirming an appointment with the homeowner can be one of the most time consuming parts in the appraisal process. It's understandable for a homeowner to be uneasy with an outsider inspecting every square foot of their home, taking photos, and making lots of notes. Thinking that it will increase the value, some homeowners feel they have to make the place spotless before the appraisal inspection. So they reschedule the inspection until the house is cleaned.
Hearing it directly from you -- the person they've been working with on their loan -- some information about the appraisal process, who we are, and especially that dusting and polishing won't affect their home's value one little bit, and can decrease the appraisal inspection time. Our website has multiple pages of helpful information about the appraisal process for homeowners. Please feel free to share it with your customers. They can even call us if they want to meet our staff and learn more about our services. And tell them it's in their interest to set the appointment without delay!
- Use our website to keep tabs on your report's status.
- No more phone and fax tag. Up-to-the-minute status updates are available online, anytime, 24/7. As each important milestone in an assignment is completed, that information can be viewed instantly online. It's never been easier to track the status of your report.