U.S. Real Estate Services Inc. (USRES), a nationwide appraisal management company (AMC), is using Platinum Data Solutions' RealView appraisal quality solution to further improve its quality control efforts.
The solution will enable USRES to quickly and efficiently verify appraisals for compliance, consistency and completeness, Platinum Data claims in a press release.
Appraisal quality has become a critical issue for appraisal management providers, as recent industry regulations and guidelines have changed the way appraisals must be ordered, created, reviewed and stored.
‘From our years of experience, USRES' clients have come to expect the highest standard of quality for their appraisals,’ says Keith Guenther, CEO of USRES. ‘As market conditions change and regulations create additional complexities for our clients, they are able to depend on USRES to ensure their business and compliance needs are met. Partnering with Platinum Data exemplifies our dedication to quality – the technology further enhances our ability to deliver the most accurate and expedient appraisals.’
As the release explains, USRES selected RealView for its ability to provide a comprehensive suite of tools and to fulfill a significant portion of its quality control processes with one RealView report.
‘After a careful evaluation of various technologies, we determined RealView was the only system that covers at least three key functions for every appraisal: It verifies compliance, provides a vehicle for compliant correspondence with the appraisers, as well as determines the accuracy of the appraisal,’ Guenther explains. ‘USRES has always believed that best-quality appraisals result from a combination of technology and the expertise of knowledgeable appraisers; RealView gives us a powerful third-party validation tool to complement our in-house auditing process.’