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Real estate is a people business, but automation can help

Housing Wire

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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The hybrid appraisal is here. Who benefits?

Housing Wire

When we started, the idea was to obtain exterior photos as fast as possible, at a time when Uber, Lyft and marketing technology was advancing, and anyone with a smartphone could get exterior photos,” said Tomaszewski, who worked to turn his idea into ProxyPics. It’s a model in stark contrast to that of inspections for traditional appraisals.

Appraisal 401
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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

Due to today’s booming housing market, the appraisal process may take anywhere from days to weeks to complete. The process can take even longer if the buyer or seller requests a second appraisal. However, once the appraiser is at the home, it’s generally about five business days,” Masseria estimates.

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How Rocket Pro TPO continues to give its broker partners the upper hand

Housing Wire

Continuing in the theme of closing loans faster, Rocket Pro TPO has also recently launched an appraisal fee guarantee for its broker partners. From the onset of the purchase market’s acceleration, the appraisal process presented multiple frustrations for brokers. Rocket Pro TPO’s goal is to help grow its partners’ businesses.

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Clear Capital’s ClearInsight app named ‘Property Valuation Tool of the Year’ in 2021 PropTech Breakthrough Awards

Clear Capital

Company recognized for innovation in global real estate technology industry. PropTech Breakthrough is a leading independent market intelligence organization that evaluates and recognizes standout real estate technology companies, products, and services around the globe. August 30, 2021 —. About Clear Capital.

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The Automated Appraisal: Tips for a Changing Appraisal Environment

Genworth MI Blog

In addition to the automated appraisal, we’re starting to see moves toward a hybrid appraisal process called bifurcation , meaning that a computer and a person complete the valuation. They’re insured. They have a detailed process for handling customer complaints.

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The Automated Appraisal: Tips for a Changing Appraisal Environment

Genworth MI Blog

In addition to the automated appraisal, we’re starting to see moves toward a hybrid appraisal process called bifurcation , meaning that a computer and a person complete the valuation. They’re insured. They have a detailed process for handling customer complaints.