Appraisal Buzz

DECEMBER 6, 2021

But this alone cannot solve the underlying issues with the current appraisal process, such as inefficient workflows and analogue data collection. Instead, tech innovations have started to enter the market with the goal of optimizing the appraisal process by automating key portions of a property’s valuation.

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Housing Wire

JULY 11, 2024

Opteon, a leader in the appraisal and property valuation industry, utilizes their tech-enabled service fulfillment to streamline and enhance the appraisal process. Traditionally, property appraisals have been time-consuming and often inconsistent, leading to delays and frustrations for lenders and borrowers alike.

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Housing Wire

APRIL 18, 2024

With AI’s capacity to perform complex reasoning and manage autonomous operations, it is critical to explore how this technology can reshape industry standards, enhance operational efficiency, and how we as an industry manage its inherent risks. One prevalent myth suggests that AI will replace human appraisers entirely.

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Housing Wire

JANUARY 18, 2023

Both types of initiatives are important, but no one seems to be talking about how we can get more production out of our current set of appraisers. The quickest way to ensure a faster appraisal process is going to be to learn how to work with valuation providers as partners in the process rather than the way most appraisers feel, adversaries.

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Appraisal Buzz

NOVEMBER 11, 2024

Join us for a free webinar on Revolutionizing Appraisals: The Road to Modernization this Thursday, November 14th at 1PM Central Time. Discover the cutting-edge tools and strategies driving the future of real estate appraisals. Working closely with appraisers to understand their needs has been crucial.

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Housing Wire

NOVEMBER 22, 2023

Editor in Chief Sarah Wheeler sat down with Scot Rose , CIO at Class Valuation , to talk about innovation in the appraisal space and how the technology being deployed for appraisal modernization can actually protect appraisers. SW: How do you think about technology and prioritizing what to do next?

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Appraisal Buzz

AUGUST 24, 2021

AppraisalWorks , a real estate appraisal technology provider, has enhanced its flagship appraisal management technology platform. The AppraisalWorks platform is designed to streamline the real estate appraisal process, helping lenders and servicers achieve lower costs, faster turn times and greater transparency.

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Housing Wire

AUGUST 23, 2024

Whether managing an appraisal desk or working as an independent appraiser, Jaro’s comprehensive suite of products, including JaroDesk and JaroInspect, offers pioneering solutions that enhance the customer and user experience.

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Housing Wire

MAY 24, 2022

The main benefit of appraisal modernization, according to the first-quarter sentiment survey , is that it will help shorten the loan origination cycle time. One mid-sized lender echoed the opinion of others that appraisals still take too long. If they can, they want to charge more money for the appraisal.

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Housing Wire

JULY 31, 2023

It solves the pain point of inefficiencies in the mortgage industry’s appraisal process by providing an end-to-end solution, integrating vendor payments and compliance checks into a single platform. Ascent Software Group continues to work on updates to Jaro’s software to help further improve the appraisal process.

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Housing Wire

MARCH 1, 2023

” The expansion model includes a full-time client service team to assist customers with the appraisal process, in addition to more than 200 staff appraisers and a network of over 16,000 panel appraisers. Its software automates data imports, freeing “appraisers to focus on tasks requiring human critical thinking.”

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Appraisal Buzz

MAY 13, 2024

Today all of the MLS listing data we need to complete an appraisal is at our fingertips along with tools to help us better understand the data. Tools that can complete regression analysis, aggregate large data sets, and create heat maps are all available online.

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Housing Wire

MARCH 3, 2023

Real estate valuation technology provider Clear Capital on Thursday launched Universal Data Collection (UDC), a product designed to support appraisal modernization. The UDC product provides lenders with tools for scalability, interchangeability and loan management, according to a statement.

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Housing Wire

MAY 10, 2023

Real estate valuation technology company Clear Capital announced on Wednesday that it has expanded its partnership with ValueLink , a valuation management platform, to offer better support for appraisal modernization policy changes. Clear Capital is a national real-estate valuation technology company.

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Housing Wire

JANUARY 26, 2022

“Partnering with an independent mortgage broker continues to be the best choice for real estate agents and consumers, and we’re adding one more reason why with the no-cost appraisal,” said Ishbia. This tool will save homebuyers a lot of money and make the homebuying experience better for consumers and real estate agents alike.”.

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Housing Wire

SEPTEMBER 23, 2021

Appraisal management company Clear Capital is looking to beef up tech tools for its network of appraisers, and it is doing so through an acquisition. The two are well acquainted – Clear Capital already utilized CubiCasa’s digital gross living area technology.

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Housing Wire

OCTOBER 18, 2022

Real estate valuation technology company Clear Capital will cut 27% of its workforce across its offices in the U.S. Established in 2001, the Nevada-headquartered company delivers solutions to modernize the appraisal process, which may take days to weeks to complete, or even longer during booming markets.

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Housing Wire

AUGUST 21, 2023

LoanStar Technologies , which connects lenders with borrowers who are traditionally underbanked or unbanked, also made the list again. Year Founded Description 98 OptiFunder 4,767% 2018 Finance company helping independent mortgage lenders choose among funding options and streamline the process. The company was ranked 351 last year.

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Housing Wire

JULY 9, 2021

Homebuyers and sellers contend with a variety of entities — banks, insurance companies, mortgage servicers, appraisal companies, title providers, agents, brokerages, and even real estate marketers— and the process can be labyrinthine to even those who have gone through it before. Technology plays a big role.

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Housing Wire

JUNE 9, 2021

They need better data, more mobility, and automation to streamline their process. When supported by the right technology, appraisers can substantially reduce their turn times and improve customer service. At Voxtur, we are focused on solving legacy industry issues with technology.

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Housing Wire

MARCH 23, 2021

This scarcity catapulted appraisal costs and cycle-times running into three to four weeks in many cases and highlighted the growing need for appraisal modernization, including technological and data-driven solutions and other appraisal alternatives. HW: How does ValueLink technology modernize the appraisal practices?

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Housing Wire

SEPTEMBER 23, 2021

But in the face of the ongoing epidemic and increasing volume impacting turn times, the industry will need to use technology to remediate these issues. Remote inspections have the power to make homeowners and appraisers more comfortable. Others don’t provide appraisers with accurate enough data. User-friendly for everyone.

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Appraisal Buzz

NOVEMBER 1, 2024

to integrate its advanced computer vision technology into ClearValue’s comprehensive valuation review platform, Certainty. This new partnership helps revolutionize the appraisal review process by increasing efficiency, reducing costs and improving overall quality control.

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Appraisal Buzz

MARCH 21, 2022

Mark Walser : I am a technology and operations executive with 13 years of progressive management in all aspects of AMC operations and technology with various AMCs, and am the President of Incenter AMC. Buzz : What are some examples of new technology and the need for it in the appraisal industry? Buzz : What is RemoteVal?

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Housing Wire

JUNE 22, 2023

Founded by Jillian White , an SRA-designated appraiser with over two decades of leadership experience, the firm offers expertise to non-appraiser stakeholders, including regulators, lenders, and appraisal management companies (AMCs).

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Housing Wire

AUGUST 23, 2022

We have been very active in hybrid appraisal pilots and we have seen the benefit of providing accurate, digital data about the property to the appraiser, which has been crucial to adoption. Like every new process, education, training, and technology are key to success.

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Housing Wire

OCTOBER 4, 2023

Technology is growing at an accelerated pace. For investors, we can assist with finding problematic appraisals and evaluating them for a potential putback using the same process. HW: How is artificial intelligence being integrated into the property valuation and appraisal process?

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Housing Wire

AUGUST 31, 2020

This model allows lenders to work the way they want to, whether they manage appraisals in-house, use an AMC or do a combination of both, without waiting for customizations or IT departments. SNAPSHOT: EVO is cutting-edge appraisal technology featuring purposeful departures from outdated yesteryear processes of older platforms.

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Appraisal Buzz

JULY 15, 2024

That’s how I first got involved in valuation technology. He taught me more than just appraisal; he taught me about life, often through a multitude of enigmatic phrases like “better than a poke in the eye with a sharp stick” or “don’t borrow trouble.” The most innovative solutions will involve a combination of both processes.

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Housing Wire

AUGUST 11, 2023

Appraisal modernization is a hot topic right now, but updating the appraisal process is easier said than done. The process today is limited by a number of structural constraints, according to Scott Reuter, Single-Family chief appraiser at Freddie Mac.

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Housing Wire

DECEMBER 29, 2020

“Mandatory Analytics provides our investor clients with transparency, allowing them to identify where execution efforts are succeeding, where they are losing to the market, and why,” said Scott Happ, president, Black Knight secondary mortgage marketing technologies. The tech solution giving community lenders an advantage.

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Appraisal Buzz

SEPTEMBER 5, 2022

It took several years to re-establish effective and meaningful communication between appraisers and their lending partners. Complexity in Process and Properties. When it comes to lending activity, appraisal revisions have always been a part of the appraisal process. Technologies are moving fast.

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Housing Wire

OCTOBER 26, 2020

Working with some of the nation’s largest banks and mortgage servicers, offering asset management, property disposition, title, close, valuation, and field services through an integrated, technology-driven platform. In light of the pandemic, mortgage companies have a great opportunity to leverage digital technologies in unique ways.

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Appraisal Buzz

SEPTEMBER 30, 2024

Saturday afternoon also featured “Creating Credible and Supported Adjustments” , taught by Steve Kahane, which tackled a common issue for appraisers: developing reliable adjustments in the appraisal process. The post 2024 Appraisal Summit: Leading Together appeared first on Appraisal Buzz.

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Appraisal Buzz

AUGUST 8, 2022

Fannie Mae has long allowed and encouraged the participation of trainees in the appraisal process. More details on trainee participation can be found on page 3 of our December 2021 Appraiser Update newsletter. From the outset, appraiser trainees have already taken at least 78 hours of education to qualify for trainee licensure.

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Appraisal Partners Blog

JANUARY 12, 2025

Introduction The appraisal industry, once heavily reliant on manual processes and paper-based workflows, is undergoing a significant transformation thanks to the rapid advancements in technology. This makes the valuation process better for everyone involved.

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Appraisal Buzz

JANUARY 24, 2022

Buzz : What is your background in the appraisal industry? Mark Walser : I am a technology and operations executive with 13 years of progressive management in all aspects of AMC operations and technology with various AMCs, and am the President of Incenter AMC. Technology is like water; it seeks its own level.

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