It’s never about “cheapest and fastest” at First Choice. Appraisals are not commodities. Since there is a wide variance in appraisal quality, one simple fact is inescapable: Better Appraisals
come from Better Appraisers!
Appraisal Scope is a valuation management software, acquired by Mercury Network, that helps lenders and Appraisal Management Companies (AMCs) streamline their collateral valuation process through features like automated order acceptance, customizable reporting, appraiser scheduling, and integrations with other industry systems. It provides a centralized platform for managing appraisal orders, communicating with vendors, and ensuring compliance with valuation requirements.
RealView is an automated appraisal review and business intelligence software that analyzes property appraisals for lenders and other financial institutions. It checks for compliance, completeness, and consistency by comparing the appraisal against industry guidelines and client-specific rules, using algorithms and data to detect errors, market risk, and potential fraud. By automating many review processes, RealView aims to significantly reduce review time and errors, ensuring higher quality, more consistent appraisals and faster loan processing.
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