5 Suggestions for Swifter Turn Times

Appraising is an always changing profession. On a regular basis, it seems, appraisers are asked to provide extra information or have steps added to their data gathering. All of this is to ensure their client has the best information to be had. In order to stay current with the always changing requirements, Floyd Knows Properties, LLC is always testing new tools and tweaking processes to increase efficiency so we can do more work for our clients. At Floyd Knows Properties, LLC we know that time is important to everybody, so below are some tips you can do to reduce turn times on any appraisals you order from Floyd Knows Properties, LLC.

Are you ordering appraisals online?: When you order online, you receive automatic e-mail confirmations 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 we received the request.
Verify that the subject property information is accurate and complete.: 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 is good information to include with your assignment. We even welcome lists of recent sales from the area — remember, however, that professional appraisers must always do their own due diligence on comparable sales, and ours may be different from yours.
Are you telling us up front any details of the property that might make it unique?: Cookie-cutter homes are relatively easy to appraise. What takes time is analyzing how differing 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 details of the home or surrounding area -- for example, it's had a recent addition constructed, it's subject to zoning restrictions, it's predisposed to flooding. While these are things that we would find out on our own, knowing them as early as possible makes your report arrive faster.
Let the homeowner know what to expect.: Confirming an appointment with the homeowner can be one of the most inefficient steps in the appraisal process. Some homeowners are clearly uneasy with the notion a stranger wants to come in their house, look around, and make abundant notes. A common belief is that they should make the place spotless before the inspection, having the thought that will make the house appraise higher. So they delay the inspection until they have cleaned.

Coming from you -- someone they are working with on their loan -- a little knowledge 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 time it takes to inspect a home. Please feel free to point them to our website, where we have many pages of useful information for homeowners as well as others describing the appraisal process. Have them 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 without delay!
Use our website 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 each important milestone in an assignment is completed, that information is instantly available to you online. It's never been easier to track the status of your report.