GET SMART

Turn the appraisal process into a SMART process.

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SMARTOrder

Turn every appraisal order into a SMARTOrder.

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How it works:

  • Upload the order
  • We combine MLS, public record and other data sources
  • Receive a SMARTOrder within minutes
  • Utilize SMARTAssign to assign the order to the BEST AMC and/or Appraiser

Benefits:

  • Get an accurate appraisal fee prior to issuing the loan estimate
  • Ensure the property is eligible based on lending and agency guidelines
  • Streamline the appraisal process to reduce time and cost
  • Utilize data to select the best AMC and/or Appraiser to complete the SMARTAssign
 

SMARTAssign

Turn every assignment into a SMARTAssignment.

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How it works:

  • Upload a SMARTOrder
  • We utilize a proprietary scoring algorithm known as an AQPM Score to SELECT the BEST Appraiser (and AMC) for each order
  • Assign the order to an Appraiser along with lender and AMC specific underwriting and QC guidelines

Benefits:

  • Utilizes an advanced scoring algorithm to select the BEST Appraiser (and AMC)
  • Provides the Appraiser with lender and AMC specific underwriting and QC guidelines for every order
  • Guidelines are built into SMARTReview to ensure compliance at the time the appraisal report is uploaded
  • Cuts time and cost, improve quality and reduces risk


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What is an AQPM Score?

An AQPM Score is like a credit score – it is an indicator of an AMC’s (or Appraiser’s) ability to complete an order on time, without QC or underwriting revisions.

Unlike traditional AMC (or Appraiser) selection models (round robin, % of order allocation), the AQPM Score factors in loan, form, property type and property attributes.

Other variables such as open orders, capacity and saturation are factored in as well.

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