Tagged: technology

Bottled water and Automated Valuation Model (AVM) - Lie 4

Bottled Water and AVM – Sold on a Lie

How about bottled water? Advertising is a powerful tool and very smart people will do some very dumb things, if they are properly motivated. There are many examples of how advertising creates an illusion and how we all fall victim (at least for a while) to smooth ad campaigns. One great example is automobile insurance rates. “Switch and Save. Every insurance company ran ads promising savings over their competition. Well, of course, they all can’t be true, but for over a year there was a massive switch in policies by consumers. The ads worked. How about bottled water? News shows...

Appraisal / Appraisal News / Appraisers News / Automated Valuation Models / AVM

Are Appraisers Redbox or Blockbuster 7

What are Appraisers? Red Box or Block Buster Video?

How do we move to be more of a Red Box? I stopped at a Sheetz to get gas. As I was standing there I noticed a Red Box Machine which had a steady flow of traffic. Next door was an old closed Block Buster Video.  Hmm…  When my kids were little it was a big treat to go to that Block Buster and rent a movie. We had to wait in line 5 to 10 minutes  and now it’s closed. But the Red Box machine is steadily pumping out DVDs. So I got to thinking. What are appraisers? Are we...

AI / Appraisal / Appraisal Institute / Appraisal News / Appraisal Organizations / Appraisers News

FNMA Big Data to Check Appraisals 2

Data Services to Appraisers

a la mode and National Data Collective Form Partnership to Offer Real Estate Data Services to Appraisers November 10, 2014 — Naples, FL — a la mode announced today that NDC (National Data Collective), a leading national provider of property data services for real estate professionals, has agreed to integrate its data services with a la mode’s full range of appraisal formfilling systems. NDC offers a subscription-based data service to appraisers covering more than 130 million properties in all 50 states, with full property profiles, assessor records, deed history and comparables data. Its products are available on desktop and mobile...

a la mode / AMC / Appraisal / Appraisal Management Companies / Appraisal News / Appraisal Software

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“Appraisal Quality Control” White Paper

“Appraisal Quality Control” White Paper Released From Collaborative Industry Effort Naples, FL — In preparation for the January 14th, 2014 CFPB effective date, a la mode announced today the release of a multidisciplinary white paper entitled “Appraisal Quality Control: Best Practices for accuracy, efficiency, and compliance.” The recommendations and checklists are a collaborative result from three companies with direct experience in the processing of high volumes of appraisal transactions. a la mode’s Mercury Network team provided insight from experience as the software providers for over 500 of the nation’s lenders and AMCs and the technology backbone behind over 30,000 appraisaldeliveries...

a la mode / AMC / Appraisal / Appraisal Management Companies / Appraisal News / Appraisers News

Extinction of the Appraisal Industry - Image courtesy of Nujalee / FreeDigitalPhotos.net 23

The Imminent Extinction of the Appraisal Industry?

Late yesterday afternoon a bill was introduced in the House of Representatives that would alter the mortgage process and ultimately the way millions of Americans receive a mortgage. HR 1108 would eliminate the need for an appraiser to appraise a home prior to the funds being disbursed to the

AMC / Appraisal / Appraisal Management Companies / Appraisal News / Appraisal Organizations / Appraisal Technology

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TOTAL 2011 vs. WinTOTAL Aurora

How is TOTAL 2011 different from WinTOTAL Aurora? In this webinar you will find the differences between these two versions. Each serve different purposes. TOTAL 2011 was designed with ease of use in mind while WinTOTAL was designed with a lot more features. When deciding which software to go with, make your choice based on the features you need. For example only WinTOTAL Aurora has comparables and photos databases, auto-adjuster, billings/accounts receivable and custom financial reports among other features. Rentals and listings in side-by-side view, undo, redo, find and replace feature, as well as text overflow options are among some...

a la mode / Appraisal / Appraisal Software / Fannie Mae - Freddie Mac / TOTAL / Tutorials

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The Dawn of a New Era in Appraising

A new frontier in appraising is upon us… Approximately 30 years ago the automobile industry began to introduce computers into cars and since that time they have never been the same. What was once considered a rather simple procedure – tuning up your engine or even changing the spark plugs – has become an almost impossible project for anyone, except the highly trained automobile technician. Today nearly every aspect of your car is aided or controlled in some manner by a computer. Digital radios with CD players, climate control systems, cruise control and pollution control devices are just a few...

AMC / Appraisal / Appraisal Management Companies / Appraisal News / Appraisal Software / Appraisal Technology

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DaVinci for Ipad

DaVinci for iPad, the first real estate appraisal software for Apple’s iPad™, is available in the iTunes store. The sketcher takes advantage of the iPad’s high-resolution 1024 x 768 touch screen. Switching between drawind modes, defining areas, inserting symbols and labels is fast and simple. You can draw a wall with a simple finger swipe. A keyboard layout simplifies entering dimensions and drawing lines. You can pinch to zoom and pan across the screen. Data gathering is also quick and easy.  Gathering data, navigation between forms, data entry form and active QickList item couldn’t be easier to use.

a la mode / Appraisal / Appraisal Equipment / Appraisal Technology / Davinci / Ipad

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Davinci desktop: a walkthrough

Davinci Desktop is a a free sketcher built in WinTOTAL by a la mode. It is a simple, fast and reliable alternative to Apex Software. It has one-click line editing, full undo/redo eliminating the need to reopen and redraw lines and areas, and a large symbol and label libraries. In this webinar, you will learn how to draw and modify sketches with Davinci Desktop software.  Below is a tutorial for Davinci Desktop.

a la mode / Appraisal / Appraisal Equipment / Appraisal Technology / Davinci / Tutorials

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