ValuTrac commercial functionality simplifies appraisal management for commercial real estate lenders.
ValuTrac now offers enhanced functionality to efficiently manage commercial appraisal work flow, from start to finish.
The commercial functionality provides our customers with the flexibility to manage the entire appraisal work flow process, both commercial and residential in one platform. This enhancement to ValuTrac, gives all ValuTrac customers the flexibility to utilize one repository for all appraisals.
The Commercial Features within ValuTrac include:
- Customized commercial appraiser registration page.
2. ability to identify commercial service fee range for specific product type
3. automated tracking of commercial appraisers license and E&O policy
- An appraisal bid process that helps manage each commercial appraisal assignment and acceptance, send bid requests to multiple appraisers/appraisal firms directly from ValuTrac.
1. ability to select and send bid requests to specific appraisers
2. automatically track and be notified when bid requests are received from appraisers
3. ability to assign directly to engaging appraiser and notify others the assignment has been placed
- Customized commercial engagement order form, specific to commercial appraisals.
1. create custom engagement forms specific to your business logic
- Enhanced commercial quality control status area, including reviewer specific assignment.
1. identify specific commercial review appraisers by client, region or state
2. track the status of all internal appraisal reviews by status
3. custom commercial review checklist, customizable by client
- Integrated real-time commercial appraisal dashboard
1. track all commercial appraisals every step of the way, start to finish
2. real-time status of bids delivered and bids received
3. real-time status of all commercial appraisals in review
The ValuTrac platform now offers our customers the flexibility to manage both commercial and residential appraisal work flow in one environment, if you need an easy-to-use appraisal management solution Book a ValuTrac demo today!
If you have any questions regarding ValuTrac and the new commercial functionality, please feel free to contact us at 972.996.3204.
