Automation Simplifies Appraisal Reviews, Increases Productivity

Are you concerned with how complex real estate appraisal reviews have become? Are your reviews leading to longer valuation turn-times and errors? Is your business relying on offline forms and spreadsheets to complete these complex reviews?

If you answered “yes” to any of the questions above, it’s time for your organization to implement a modern appraisal review technology that not only mitigates an ever-growing list of rules, but also promotes the timely completion of reports through automation.

Global DMS’ MARS^®, a standard component of our EVO^® appraisal management software, guarantees these parameters are met by automating your appraisal reviews to help expedite this grueling task and further ensure compliance.

MARS quickly analyzes an appraisal for completeness, consistency, and compliance with all GSE guidelines, USPAP, UAD, and industry best-practice, providing accurate reviews in seconds. To promote even more efficiency, these appraisal reviews can also be automated as soon as the final report is uploaded.

Addition features include:

• Over 3,600 standard business rules, with specific configurations for different services.
• Rule severity and weighting support.
• Instant red flag report and MARS score, which lists all Critical, Warning, and FYI items.
• Supports MISMO XML format.

MARS also provides reviewers with a special document that significantly reduces their review times by instantly directing them to the areas of the appraisal the need their attention most – providing clear directives on a resolution. 

For more information, or to see a short demo, contact Global DMS^® today at evoinfo@globaldms.com.