231,224
my personal record is 45 seconds. it was an empty lot. He walked up the driveway, took one picture of a big rock and left. wow
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Troy Erickson AZ Realt...
Chandler, AZ
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Mike Rock
Granite Bay, CA
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Lise Howe
Washington, DC
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Nina Hollander, Broker
Charlotte, NC
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Lyn Sims
Schaumburg, IL
2,443,250
In our market is 10 minutes or less and they are gone. They shoot photos of the rooms as required and do the rest of their work online.
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Brenda Mayette
Glenville, NY
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Nina Hollander, Broker
Charlotte, NC
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Lyn Sims
Schaumburg, IL
4,319,773
Marte Cliff - some of them are quick - specially for condos, they may be. Though measurments, pictures etc takes time.
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Nina Hollander, Broker
Charlotte, NC
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Praful Thakkar
Burlington, MA
3,167,614
Yikes, last time I attended one it took about an hour
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Nina Hollander, Broker
Charlotte, NC
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Lyn Sims
Schaumburg, IL
1,157,791
Each appraiser operates differently and each property is different. I am not aware of any particular minimum time requirement to be onsite.
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Nina Hollander, Broker
Charlotte, NC
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Teri Pacitto
Westlake Village, CA
3,986,308
They need to be there as long as it takes to get the job done right.
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Katina Hargrove 352-55...
Eustis, FL
5,583,328
an appraiser needs as much time as it takes to collect the necessary information....some clearly understand and recognize what they're looking at....others, not so much!!!
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Katina Hargrove 352-55...
Eustis, FL
1,506,013
Most appraisers are there for 15-30 minutes. The good ones (ok, one) will sit down with you and discuss comps and your property's condition and improvement costs. Most of their work is done online.
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Katina Hargrove 352-55...
Eustis, FL
1,728,156
As long as it takes to do a proper job and not miss anthing adding value.
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Katina Hargrove 352-55...
Eustis, FL
5,238,990
Not a courteous appraiser, in fact, bordering on rude! That said, if he got what he needed in a short period of time good for him!
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Nina Hollander, Broker
Charlotte, NC
1,553,094
Unfortunately yes, I've often been concerned by similar behavior and I not e it for any appraisal report concerns. But, ultimately it's their call on their time.
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Nina Hollander, Broker
Charlotte, NC
6,417,409
Maybe he had to get to his real job by 10am.
We have some appraisals that take several months.
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Marte Cliff
Priest River, ID
1,846,901
Yep, you're lucky he spent that much time. Get his measurements, pics & he's out of there.
Very rude he could care less about appt times tough.
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Nina Hollander, Broker
Charlotte, NC
1,513,143
The last one I had was an hour ans a half. 2600 sqft.
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Nina Hollander, Broker
Charlotte, NC
921,504
Exactly the time needed to reach the 'right' number.
I try to make their job as easy as possible, so they can get out as soon as possible. They make so little money, spending too much time gets then into a bad mood.
When there are lots of comps, they only need to see 'liveabilty' verification as defined by the lender.
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Nina Hollander, Broker
Charlotte, NC
2,221,377
Each appraiser works differently, there is no time set for length of an appraisal that I know of.
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Anthony Acosta - ALLAT...
Atlanta, GA
7,863,162
The appraiser needs to be there only for the length of time needed to obtain the needed information.
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Nina Hollander, Broker
Charlotte, NC
352,976
I've had appraisers take anywhere from 15 minutes to over an hour all depending on the complexity of the property. I don't think there is any set time standard. As long as they do the job.
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Nina Hollander, Broker
Charlotte, NC
1,153,794
I didn't know there were constraints or limits in the time it takes to complete an appraisal. I admit their schedules are fairly tight but I will accept almost any time, early or late, to leap this final hurdle.
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Nina Hollander, Broker
Charlotte, NC
3,988,013
I have seen appraisers spend an hour or more or 10 minutes. It depends how well they know the area and the type of construction. Some can do it really fast and be on their way. If they get what they need and get on their way then they can get to work on finishing it. Now that was rude coming early after he was told. It was almost sneaky.
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Nina Hollander, Broker
Charlotte, NC
5,772,581
Marte,
I agree with Patricia Kennedy . A
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Nina Hollander, Broker
Charlotte, NC
3,741,863
As long as it takes! Don't want to rush the appraiser.
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Nina Hollander, Broker
Charlotte, NC
1,771,867
A duplex may take longer than a one bedroom condo but I wonder if there are many comps. Are there many similar properties in the area Marte?
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Nina Hollander, Broker
Charlotte, NC
2,224,473
I would think he would at least abide by the time frames he set. I always try to be respectful of people when I'm showing property. This appraiser sounds like a rude person. I don't like rude.
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Nina Hollander, Broker
Charlotte, NC
5,060,494
I would think the time will depend on the size and type of property, and what needs to be done to do a thorough and good job, including photos and measurements. Sounds a little on the skimpy side to me, in addition to a lack of professionalism and common courtesy.
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Nina Hollander, Broker
Charlotte, NC
979,596
Marte - I am with some of the other agents and feel that many appraisers gather most of their information online. The only thing they may need to do is take some photos and measure some rooms. It doesn't have to take a certain amount of time as long as the information they provide is accurate.
1,078,091
Depends on the property or how much data they had.
Honestly, in a hot market like we're seeing, there's a severe appraiser shortage, so you're lucky to have gotten someone in there at all....
Unfortunately, we're at the mercy of appraisers in this market - they're all busy, and business isn't slowing down...
472,867
Marte,
It all depends on the type of appraisal that is being requested, and the type of appraiser. He might have done work prior and was just looking at condition and to take pictures.
4,800,132
216,904
He could be from the area and was familiar with the complex. While it was rude, they are their own breed.
1,466,257
Marte Cliff The last appraiser I met at the property took her time looking through the unit and spend several minutes reviewing my comps.
4,582,173
The time spent on an appraisal seems to vary by type of property, purpose(purchase vs refi) and experience of the appraiser.
Regardless of the time spent, the appraiser was rude.
2,187,587
Totally inappropriate behavior since he was given a specific reason for the later appointment time. As for time spent, it's hard to say.
4,960,432
3,349,404
Years ago appraisers would take 45 minutes to an hour. These days, 10-15 minutes. That appraiser is just rude and disrespectful.
991,252
It depends but in general as long as it takes to do an accurate and fair estimate.
Now, what is accurate and fair? That is a good question!
2,784,566
I have seen detailed appraisers and by the numbers type. It varies. The more experienced can fill in the blanks while the detailers do nook & cranny
225,526
They are pretty quick around here. Maybe 10-15 minutes. Taking pictures, and measurements, asking for any updates, then they are gone
1,617,916
2,375,683
I think he was a rude person but sometimes appraisers don't even go in the house - I guess it depends on the expectations of the lender who hired him
4,434,177
3,416,038
It depends on what typs of mortgage it is. For conventional 10 to 15 minutes is tops. For FHA, 30 minutes is common as they have more to do.
1,231,853
It depends: Depends on type of loan, depends on type of appraisal lender requires, depends on the skill of appraiser.
Depends on how long it takes him/her to gather information needed for type of appraisal required for the buyers' loan.
5,112,471
It certainly wasn't professional, Marte. My experience is that most appraisers are in and out within 30 minutes. That being said, typically they make an appointment for an hour's time frame and my experience is that if they are running early or late, they let me know. These days, appraisers make so little money on their appraisals, I believe they spend as little time as possible to increase the number of jobs each day.
3,071,489
1,624,653
One time I had an appraiser set at certain time, a short sale. The seller was there and I arrived 10 minutes late. He was already done and left.
1,241,754
There is a way to speed up the process. Provide tax record, offer contract, Give him all the relevant comps and help him making the measurements.
Give him all permits and list updated and cost. He will get out in no time.