A Few Tips for Faster Turn Times
The appraisal profession is constantly evolving. Every year, it seems, appraisers are asked to supply extra information or have steps added to their research. They do this additional work to ensure their client receives the best data to be had. In order to keep up with the always changing requirements, The August Group Inc. is constantly acquiring additional tools and improving processes in order to increase efficiency so we can do more work for our clients. At The August Group Inc. we know that time is important to everybody, so we've listed a few things you can do to speed up the process on any appraisals ordered with The August Group Inc..
- Order your appraisals on the Internet.
- By ordering online, you automatically receive e-mail confirmations that the assignment was received, and fast, secure .PDF format report delivery. This tip single-handedly will save the most time! We don't have to manually enter information from a fax, and you don't have to wonder whether the order was received.
- Complete and accurate subject property information is crucial.
- 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 — 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 call us at if you have any questions about your property or a job we're working on for you.
- Let us know up front of the property's unique features.
- Cookie-cutter houses are relatively easy to appraise. Most of an appraiser's time is spent analyzing how unique features add to or detract from what otherwise would be a property's market value. Let us know up front when you order your report if there are unique elements of the home or surrounding area -- for example, it's had a recent addition built on, it's subject to zoning restrictions, it's predisposed to flooding. While these are things that we will find out on our own, knowing them sooner will likely make your report arrive more quickly.
- Did you make the occupants of the home aware of what to expect?
- Setting an inspection time and date with the homeowner can be one of the most inefficient steps in the appraisal process. It's understandable for a homeowner to be uncomfortable with an outsider inspecting every square foot of their home, taking photos, and making lots of notes. One common belief is that they need to make the place spotless before the inspection, having the thought that will make the house appraise higher. And will delay the inspection until the house is cleaned.
Coming directly from you -- the person they are working with on their loan -- some knowledge 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 decrease the appraisal inspection time. I encourage you to point them to our website, where we have several pages of relevant information for homeowners as well as others about the appraisal process. They can even call us if they want to meet our staff and learn more about our services. And tell them it's to their benefit to set the appointment soon!
- Why not our website as a resource to keep track of the status of your report?
- 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 your report's status.