Five Suggestions for Swifter Turn Times
Appraising is an always changing profession. Each year, it seems, appraisers are asked to provide extra information or have steps added to their process. All of this is to guarantee their client gets the best information possible. To keep up with the constantly changing requirements, BBH & Associates is always seeking additional tools and tweaking processes in order to increase efficiency so we can do more work for our clients. Since BBH & Associates knows that time is important to everyone, we've listed a few things you can do to hasten the process on any appraisals you order with BBH & Associates.
- Order your appraisals on the Internet.
- With online ordering, you get automatic e-mail acknowledgements that the assignment was received, and fast, secure .PDF format report delivery. This tip alone 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.
- Confirm that the subject property information is accurate and complete.
- Having just one number incorrect on the street address can really 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. 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.
Feel free to contact us if you have any questions about your property or an appraisal we're working on for you.
- Tell us up front of the property's unique characteristics.
- Cookie-cutter homes are relatively easy to appraise. What takes time is analyzing how unique characteristics contribute to or detract from what otherwise would be a property's market value. When you order 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 will find out on our own anyway, and knowing them as soon as possible is likely to make your report arrive sooner.
- Does the homeowner know what to expect?
- One of the most tedious parts of the appraisal process is setting an appointment with the current homeowner. We understand that a homeowner may be uneasy with an outsider looking in every square foot of their home, taking photos, and making lots of notes. Some think they ought to make the place spotless before the inspection, under the impression that will make the house appraise higher. And will choose to not schedule the appraisal inspection until the house is cleaned.
Coming 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. Please feel free to point them to this website, where we have multiple pages of helpful information for homeowners and others regarding the appraisal process. They can even call us if they want to familiarize themselves with the staff and our services. Remind them it's to their benefit to set the appointment quickly!
- Our website is a great resource for verifying 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 is available instantly to you online. It's never been easier to track the status of your report.