Five Steps to Swifter Turn Times
Appraising is a constantly changing profession. Every year, it seems, appraisers are asked to provide extra information or have steps added to their appraisal process. All of this is to guarantee their client receives the best information to be had. In order to keep up with the constantly changing requirements, Gregory James Company, Inc. is continuously acquiring new tools and improving processes in order to increase efficiency so we can do more work for our clients. Since Gregory James Company, Inc. knows that time is important to everyone, below are a few things you can do to lessen turn times on any appraisals ordered from Gregory James Company, Inc..
- Always order your appraisals online.
- When you order online, you automatically receive 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 manually enter information from a fax, and you don't have to wonder whether we received the order.
- Make sure that the subject property data is accurate and complete.
- There's nothing like being one number off on the street address to unnecessarily delay an appraisal assignment. Unique identifiers like a tax parcel number, plat map number, or subdivision name are helpful data to include with your request. We even welcome lists of recent sales from the area — though be advised that professional appraisers are lawfully required to do their own due diligence on comparable sales, and ours may differ from yours.
You're always welcome to contact us if you have any questions about your property or an appraisal we're working on for you.
- 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 characteristics 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 features of the home or surrounding area -- for example, it's recently had an addition built on, it's subject to zoning restrictions, it's prone to flooding. While these are things that we'll find out on our own, knowing them as early as possible will likely make your report arrive sooner.
- Let the homeowner know what to expect.
- One of the most inefficient parts of the appraisal process is setting an appointment with the current homeowner. Many current homeowners are justifiably apprehensive with the notion an outsider wants to come in their house, look around, and take lots of notes. One common belief is that they should make the place spotless before the appraisal inspection, believing that will make the house appraise higher. So they choose to not schedule the appraisal inspection until the house is cleaned.
Hearing from you -- the person they've been working with on their loan -- some 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 shorten the time it takes to inspect a home. Our website has multiple pages of helpful information about the appraisal process for homeowners. I encourage you to share it with your clients. Advise them to call us if they want to meet the staff and learn more about our services. And tell them it's to their advantage to set the appointment promptly!
- Are you using our website as a resource to follow 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 each important milestone in an assignment is completed, that information can be viewed instantly online. There's no easier way to track your report's status.