SFREP Does Not Collect Your Data
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What Exactly Can SFREP Software Offer for Real Estate Appraisers?
Are you working as efficiently as possible? In this day and age, appraisers need to be quick on their feet and utilize every tool under the sun to help streamline the process. That’s where SFREP comes in.
This company is creating software designed to make the appraisal process digital while keeping it as fast, accurate, and straightforward as possible. But how exactly does SFREP work, and can it really make your job easier? For many real estate appraisers, the answer is a resounding yes.
Software by Appraisers, for Appraisers
SFREP (Software for Real Estate Professionals) was founded by fellow appraiser R. Wayne Pugh back in 1983. Eventually, the company was able to develop a modern suite of software designed to help appraisers streamline their work at each step of the contemporary appraisal process.
The Appraise-it Software Suite has every tool we need, offering several regulation-compliant applications to take the wait out of real estate appraisals. More recently, they’ve added updates and new features that appraisers can subscribe to depending on their needs. What exactly does that look like? There are three levels of software at varying prices:
- Appraise-it: $35/Month
- Appraise-it Pro: $45/Month
- Appraise-it Premium: $55/Month
The basic Appraise-it offers some useful components including forms-filing software, an adjustments addendum, databases for Common and Global Responses, a square footage calculator, a spell-checker to keep everything professional, and a verified digital signature to prove that your digital reports are authentic.
You can integrate Appraise-it with companion applications within the SFREP suite, as well as other commonly-used tools like Apex Medina, Marshall and Swift cost estimator, RiskMeter flood-mapping services, and most photo programs. Additional web-based applications to build and manage cost estimates, market analysis, flood maps, and street maps are all there for you to utilize as well.
Appraise-it Pro is a more professional version, and it’s more than worth the extra $10 per month. It ups the ante with UAD and UMDP databases, sketching tools, and built-in comp and image management programs. The Appraise-it Premium also offers all of this, with the inclusion of CoreLogic Valuation Solutions (CLVS) reporting tools.
Change is in the air
Why should you consider this particular software? You can put your trust in SFREP. It’s modern, it’s an incredibly sharp program, and it doesn’t do data collection. It simply allows you to manage each different part of the appraisal process from a single platform. This has the potential not only to make your job easier but perhaps even to help usher in a whole new era of appraising.
Now, with hybrid appraisals and bifurcation looming on the horizon, we need to be more connected than ever. Though hybrids and bifurcation tend to be bad words in the community, new regulations very possibly could make them an industry standard —and we need technology to manage this new aspect. Companies like SFREP, which allow for the computerization of our industry, make the documentation and sharing of information that much easier. In the future, this could enable us to work with inspectors and other 3rd-parties more closely than we ever have before.
A team of appraisers and inspectors using the software in conjunction with one another would aid in communication, feedback, and teamwork between professionals. Rather than lead to a fragmented and fraud-stricken process, which tends to be the fear among appraisers, this type of software could lend itself to more transparency and open communication between team members and this split process could become aggregated the way it should be—with everyone working together for a common goal.
Support for Appraisal Products
Besides offering a full range of appraisal tools, SFREP has an entire support system designed to make the process as easy as possible. With a comprehensive video library of how-to videos and tutorials, appraisers only need to take control and learn how to use these tools until they become intuitive.
However, this learning process is precisely what puts off many appraisers. After all, if you’ve been doing something a certain way for 30 years, why would you stop now? The reality is that we don’t have a choice anymore—the industry is going digital, and newer professionals will have an edge if they can use software to make the process easier and faster for themselves and clients. In order to compete, you need to have the same toolbox everyone else does. Appraise-it can give it to you, and they’ll even sweeten the deal with a free month-long demo version before you commit to the product. You can try it before you buy it to build some faith and feel confident in your decision and the software.
A no-charge demo is nice, but it’s also essential in this day and age. Offering digital freebies is becoming popular for every online business, from software to entertainment and gaming. For example, you can get free Slotomania coins just by signing up with an online gaming provider. You can also become a part of a tiered rewards program to gain even more bonuses along the way. Similar free benefits are now offered along with credit cards, stock market investments, and hotel booking platforms. This kind of high-end support draws in customers and keeps them satisfied, and your appraisal software should offer you the same kind of benefits.
Fortunately, SFREP offers you even more. Customer support goes beyond the buying and training process, with remote phone and live chat options for when you’re in the field and encounter a problem. They also have an online database of frequently asked questions, which is updated regularly to ensure that newer issues are all addressed.
Overall, SFREP is doing everything they can to computerize the industry and keep this process as painless as possible. This doesn’t mean it’s perfect—there will always be hiccups along the way. However, digitization in the appraisal industry is an inevitability. Those who strive to keep up in the modern era would do well to look towards a platform like SFREP to succeed.
By Anna Lucas, writer, translator and journalist. Anna is an experienced travel and lifestyle journalist, currently working as a freelance content writer.