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How long does it take to get appraisal completed after order

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Debra

Thread Starter
Senior Member
Joined
Jan 15, 2002
Professional Status
Certified Residential Appraiser
State
Tennessee
Hello!

I'm curious how long it usually takes an appraiser to complete an order from the order date until it is totally completed? Also, do you usually call in the amount that you plan to have on the completed appraisal before it is completed? If so, is this what is called "the verbal"? Thanks!!! Debra :? :D
 

Dave Smith

Senior Member
Joined
Jan 14, 2002
Professional Status
Certified Residential Appraiser
State
Wisconsin
Turn-around time: anywhere from 24 hours to two weeks. It depends on how long it takes to get an appointment for access, the complexity of the assignment, what the work load is when the order arrives, where the property is located, etc.

I don't call the value in. Yes, that is a "verbal" for those that do call the value in.
 

rtubbs

Junior Member
Joined
Jan 15, 2002
Depends on several factors: current workload, property's location, availability of comps, degree of complexity, etc. most of mine are 2 days to 1 week.

Ron in Alabama
 

Ray Ohler

Sophomore Member
Joined
Jan 15, 2002
it depends on a whole load of factors. If it is around the corner and I just did an "indentical" property on the block, it could possibly be done tomorrow. If I was "told" it was a single family dwelling on a 1/2 acre lot and I find out it has been sold three times in the last year and subdivided off a 5 acre lot and so on and so on, it may take a month.
 
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