Housing Market Boom Reveals Flaws in Traditional Appraisal Approach
Buyer expectations are surging, and interest rates are at an all-time low. In a world that went virtual almost overnight due the new normal of the COVID-19 pandemic, the expectation of fast, accurate appraisals is high.
The housing market is booming, but are lenders equipped to keep up with the demand? And, do real estate appraisers have the bandwidth to conduct property appraisals on the timelines needed to meet lender and consumer expectations?
This whitepaper discusses the flaws in the traditional approach to appraisal management, including:
- Why alternative methods of appraisal management are necessary to meet growing buyer demands
- A side-by-side comparison of a traditional versus hybrid appraisal model
- How a hybrid approach to appraisal management can accelerate your response times and drive more revenue opportunities
Download the whitepaper: “Housing Market Boom Reveals Flaws in Traditional Appraisal Approach” to learn how you can evolve your appraisal processes to compete in the new normal.