Appraisers are the most technical agents in the real estate world. By necessity, we have been drawn into the digital world at a dizzying pace. The appraisal process is one that lends itself to technology. And technology has paid significant dividends to those appraisers who have invested in it. These dividends are shared with the appraiser's customers, in the form of shorter turn-around times and a much better final valuation report.
We use a technology that only 200 appraisers in the country currently use. This technology allows us to produce amazing credible results. It allows us complete control in trying to get “well behaved” data. We are able to scrub the data and identify a general market and a sub-market. We use pie charts, graphs, and other visual aids that allow clients, judges and juries to see the complex data in a simple, easily understood form.
Ordering - Technology has allowed our firm to reduce the amount of work their client's need to order, track and receive appraisals. In the past, the primary mode of interaction between an appraiser and his clients was the telephone and fax machine. Clients would send requests via fax, and then often follow it up with a phone call to make sure it was received. Tracking the progress of the appraisal meant more phone calls - a disruption for both the client and the appraiser.
