Five Suggestions for Shorter Turn Times

The appraisal profession is always evolving. Regularly, it seems, appraisers are asked to supply extra information or have steps added to their research. They do this extra work to guarantee the end user gets the best information to be had. To keep up with the always changing requirements, Trinity Real Estate Service Partners LLC is continuously researching new tools and tweaking processes in order to increase efficiency so we can do more work for more efficiently. Since Trinity Real Estate Service Partners LLC knows that time is important to everyone, here are a handful of tips you can do to reduce turn times on any appraisals you order from Trinity Real Estate Service Partners LLC.

Are you ordering appraisals online?: By ordering 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! No longer do we have to manually enter information from a fax, and nor will you wonder whether the order was received.
Complete and accurate subject property information is essential.: 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 are helpful data to pass long with the assignment. Even a list of recent area sales is welcome — though be advised 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. Most of an appraiser's time is spent analyzing how details unique to a property 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 built on, 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 as soon as possible is likely to make your report arrive faster.
Does the homeowner know what to expect?: One of the most inefficient steps of the appraisal process is setting an appointment with the homeowner. Many current homeowners are clearly uneasy with the notion an outsider wants to come in their house, look around, and take numerous notes. With the idea that it will make the house appraise higher, a few homeowners feel they ought to make the place spotless before the appraiser comes by. So they delay the appraisal inspection until they have cleaned.

Hearing from you -- a person they are working with on their loan -- a short explanation 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. Our website has multiple pages of helpful information about the appraisal process for homeowners. I encourage you to share it with your clients. They can even call us if they want to become familiar with our staff and services. Remind them it benefits them to set the appointment as soon as possible!
Why not our website as a resource 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 is available to you online. There's no easier way to track the status of your report.