CoreLogic has announced the release of AppraiserSuite, a platform that combines multiple listing service (MLS) and public record data in a single online workspace for appraisers, review appraisers, underwriters and quality control (QC) personnel. The new subscription-based platform enables appraisers to quickly research and compile property and market information from multiple sources. AppraiserSuite also streamlines the comparable selection process and offers the ability to export data into standard appraisal reports through form population tools.
AppraiserSuite provides direct access to the MLS data in many of the top U.S. markets gathered through the CoreLogic Partner InfoNet program in which more than 66 MLSs participate. By incorporating MLS and public record data into a single workspace, AppraiserSuite provides details on the subject property, comparable properties, historical transaction information, tax data, and other property and market area characteristics. AppraiserSuite is also able to highlight inconsistencies between the two data sources, and offer the opportunity for Appraisers to contribute their own information that may help reconcile these differences.
AppraiserSuite includes mapping technology that provides a view of neighborhood factors that impact a property’s value like parks and active railroad lines. AppraiserSuite also allows appraisers using ACI2010 to import their property and comparable research data directly into industry standard appraisal report forms such as a Uniform Residential Appraisal Report (Form 1004) without manually rekeying the information.
“Real estate professionals contribute local market insights directly into their MLS systems," said Ben Graboske, chief executive officer of CoreLogic MarketLinx. "AppraiserSuite makes it easier for appraisers to gather the information they need when determining the value of a property. By incorporating MLS information into AppraiserSuite, we are providing appraisers with a broader view of the market and with the tools to make the entire appraisal process more efficient.”
AppraiserSuite is also available for Appraisal Management Companies (AMCs) and can be integrated into an AMC’s current order management system, creating a seamless user experience for appraisers and quality review teams.