Subscribe to the print edition of National Mortgage Professional MagazineSubscribe to our RSS feedFollow us on TwitterGet daily updates via emailJoin us on Facebook

BrokerPriceOpinion.com launches Next Generation BPO (V3)

Appraisal Pic Cart

BrokerPriceOpinion.com has announced the launch of its Next Generation BPO (V3) platform, capable of evaluating data quickly through the use of progressive technology and current local market information. For nearly two decades, BrokerPriceOpinion.com has delivered critical valuation data with industry-leading Broker Price Opinions and Appraisals. In today's rapidly changing marketplace, BrokerPriceOpinion.com is focused on supporting client decisions by providing accurate and reliable information. The (V3) platform represents a fundamental shift in philosophy behind information systems of its type; the focus is primarily on data analysis rather than data capture and delivery. The system offers capabilities and features unmatched in the industry, allowing users to easily configure and enforce a virtually unlimited combination of calculations, business rules, and scoring weights.

"At BrokerPriceOpinion.com, using the latest technology means designing, building, growing, and maintaining a state of the art valuation platform," said Walt Coats, president, BrokerPriceOpinion.com. "Our software automatically evaluates and scores all comp sale and listing data provided by the broker. It was designed to analyze the data for accuracy and/or fraud, and to provide immediate feedback for brokers and analysts." As a result, clients can expect the same high-quality reports and industry-leading turn-times even as the company meets the demands of a growing client base and significantly higher order volumes.

Phase II (V3) is expected to launch in the second quarter of 2010. Scheduled enhancements developed in house by BrokerPriceOpinion.com will access local market data and incorporate it into both new and existing products. Clients will be able to gain valuable insight into local markets and make better, more informed business decisions, adding to increased profitability.

For more information, visit BrokerPriceOpinion.com.

About NationalMortgageProfessional.com

Do you need to stay on top of mortgage industry news and trends?

We can HELP! We will send you a daily email with the latest headlines with free access to the full articles. And NO, we will not Spam you, sell your email address or otherwise abuse the trust you have by giving us when you provide us with your email. Sign up here to get on our list.

The Staff at National Mortgage Professional Magazine

he hottest mortgage industry headlines, featured articles and others mission critical mortgage industry stories delivered to my email inbox each day. 

My email address is . I am located in the state of  (state you are located).