Some Tips for Shorter Turn Times

Appraising is an always changing profession. Regularly, it seems, appraisers are asked to offer more information or have steps added to their appraisal process. All to ensure the end user receives the best information possible. In order to keep up with the continuously changing requirements, BNKP Property Solutions is constantly seeking additional tools and improving processes to increase efficiency so we can do more work for our clients. At BNKP Property Solutions we know that time is important to everybody, so here are some items you can do to hasten the process on any appraisals you order from BNKP Property Solutions.

Are you ordering appraisals online?: With online ordering, you automatically receive 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 retype information from a fax, and you don't have to wonder whether the order was received.
Verify that the subject property information is accurate and complete.: 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 is helpful information to pass long with the request. We even welcome lists of recent sales in the area — though be advised that professional appraisers are lawfully required to do their own due diligence on comparable sales, and ours may be different from yours.
Be sure to tell us about the unique elements of this property.: Cookie-cutter houses are relatively easy to appraise. Most of an appraiser's time is spent analyzing how differing features 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 details 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. While these are things that we'll find out on our own, knowing them as early as possible is likely to make your report arrive sooner.
Does the homeowner know what to expect?: Setting an appointment with the homeowner can be one of the most time consuming parts in the appraisal process. We understand that a homeowner may be apprehensive with a stranger inspecting every square foot of their home, taking pictures, and making numerous notes. A common belief is that they need to make the place spotless before the appraisal inspection, under the impression that will increase the value. So they delay the appointment until they have cleaned.

Coming from you -- someone they've been working with on their loan -- a little information about the appraisal process, who we are, and especially that dusting and polishing won't affect their home's value one little bit, and likely decrease the time it takes to inspect a home. I encourage you to point your customers to this website, where we have many pages of relevant information for homeowners as well as others regarding the appraisal process. They can even call us if they want to become familiar with our staff and services. And tell them it benefits them to set the appointment soon!
Our website is a great resource for verifying the status of your report.: No more phone and fax tag. Up-to-the-minute status updates are available online, anytime, 24/7. As we complete each important milestone in an assignment, that information can be viewed instantly online. It's never been easier to keep track of the status of your report.