How long does it take to get appraisal completed after order

[Debra]

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 :?

 

[Dave Smith]

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]

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]

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.

 

[Farm Gal]

Answer a: See
http://www.appraisersforum.com/forums/view...&highlight=turn

we had a poll on that subject if you want a fairly broad view and specific comments

answer b: It DEPENDS!