Real estate appraisers continually seek ways to enhance efficiency and accuracy in their work. Selecting the right real estate appraisal software can significantly improve productivity while maintaining high standards.
Real estate appraisers face a constant influx of order request emails and quotes from AMCs, lenders, and clients. Managing these emails and manually entering order details into a system can be time-consuming and tedious.
All real estate appraisers know the routine: endless email threads, follow-up calls, the "appraisal portal" and dealing with files spread across multiple places just to piece together order details. This approach often results in delays, miscommunication, and overlooked requirements.
Real estate appraisers spend countless hours filling out forms and enter the same data over (and over and - you get the picture) again. This process is not just tedious - it's a significant drain on time and resources that could be better spent on core appraisal work.
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In the lifecycle of an appraisal assignment there are various "to-dos" - tasks that need to be completed. For example, everything from scheduling the inspection, pulling property records, selecting comps, writing the report, delivering it for review and everything in between.
Appraisers know the frustration of repetitive data entry all too well. You get a new appraisal order, and suddenly you're entering the same information into multiple systems - your order management platform, CRM, accounting software
As the cliche goes, communication is key. On your team, you may have several people working on a specific appraisal order. For example, maybe there's someone who schedules and manages the assignment, the licensed appraiser, a trainee or two, an inspector and perhaps even a reviewer.
Real estate appraisers and their teams often struggle with managing multiple appointments, deadlines, and inspections. Coordinating schedules and ensuring everyone is on the same page can be a time-consuming and error-prone process.
According to the USPAP Record Keeping Rule appraisers must keep a comprehensive and complete Workfile. In the process of an appraisal, appraisers need to collect any number of files and pieces of information to support their value.