As a real estate appraiser, managing client relationships and keeping track of contact details is crucial for your business success. However, juggling multiple systems to maintain this information can be time-consuming and inefficient.
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.
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.
For appraisal teams, manually tracking fee splits and commissions is a time consuming and error-prone process. In the age of the bifurcated appraisal, there might be a primary appraiser, a trainee, a data-entry or research assistant and an internal reviewer on a single assignment.
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
A typical appraisal assignment often has a number of fees and expenses which need to be tracked. For example, the order might have been engaged at a specific fee. But your client needs the order quicker than usual and is willing to pay an 8% rush charge.
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.