A Few Steps to Quicker Turn Times

The appraisal profession is continuously evolving. Every year, it seems, appraisers are asked to include extra information or have steps added to their data gathering. All of this is to ensure the end user receives the best information available. In order to keep up with the constantly changing requirements, Young Real Estate Appraisals is continuously researching new tools and tweaking processes to increase efficiency so we can do more work for our clients. At Young Real Estate Appraisals we know that time is important to everybody, so we've listed some tips you can do to reduce turn times when you order an appraisal with Young Real Estate Appraisals.

Order your appraisals electronically.: With online ordering, you automatically get e-mail acknowledgements that the request was received, and fast, secure .PDF format report delivery. This tip single-handedly will save the most time! No longer do we have to re-key information from a fax, and you don't have to wonder whether we received the order.
Are you providing complete and accurate data about the subject property?: There's nothing like being one number off on the street address to unnecessarily slow down an appraisal assignment. Unique identifiers like a tax parcel number, plat map number, or subdivision name are helpful data to pass long with the request. Even a list of recent area sales is welcome — remember, however, that professional appraisers are lawfully required to do their own due diligence on comparable sales, and ours may differ from yours.
Be sure to tell us about the unique characteristics of this property.: It's relatively easy to appraise a cookie-cutter house. What takes time is analyzing how unique characteristics add to or detract from what otherwise would be a property's market value. Let us know up front when ordering your report if there are unique features of the home or surrounding area -- for example, it's had a recent 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 sooner makes your report arrive without delay.
Let the homeowner know what to expect.: Setting an inspection time and date with the homeowner can be one of the most inefficient tasks in the appraisal process. Many homeowners are understandably uneasy with the fact an outsider wants to come in their house, look around, and take lots of notes. Some think they have to make the place spotless before the inspection, thinking that will make the house appraise higher. So they delay the inspection until the house is cleaned.

Hearing from you -- the person they have been working with on their loan -- a short explanation about the appraisal process, who we are, and especially that dusting and polishing won't increase their home's value one little bit, and likely decrease the appraisal inspection time. Our website has numerous pages of relevant 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 familiarize themselves with our staff and services. Remind them it benefits them to set the appointment quickly!
Why not our website as a resource to keep tabs on your report's status?: 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 we complete each important milestone in an assignment, that information is available to you online. It's never been easier to track the status of your report.