Skip to main content

LRES Launches New Auto-Assignment Offering
Feb 27, 2013

LRES has launched an updated version of its auto assignment technology to further streamline and accelerate the placement, tracking and completion of appraisal and BPO order requests for qualified service providers. LRES’ auto assignment technology automates the selection process and ensures that the most appropriate appraiser or real estate agent receives each assignment. The system achieves this by automatically matching the assignment to the proximity of the subject property, while taking into account turn-time and quality. Appraisers and real estate agents benefit from the latest technology by receiving assignments as soon as a customer orders a valuation request and receiving only preferred types of orders instead of having to review and reject orders manually. The system constantly adjusts scorecards so appraisers and agents who are diligent about quality and turn times are rewarded with more orders. In terms of improved functionality for customers, the auto assignment technology offers the following enhancements: ► Provides users with improved turn-times and consistent quality; ► Provides tracking features to effectively communicate special instructions to vendors; ► Assigns orders to the optimal appraiser or agent based on graded scorecard, distance and customer requirements. “The new capabilities of our auto assignment technology improves customer service, lowers costs by limiting human errors, reduces errors communicating special instructions and assigns orders to only the most qualified appraiser or real estate agent,” said Roger Beane, CEO of LRES. “The system streamlines a labor-intensive process, while creating the capacity for LRES to closely work with and train our agent partners to improve the overall valuation process.”
Feb 27, 2013
More from
First Tech Federal Credit Union Chooses ICE Mortgage Technology’s EPPS

First Tech Federal Credit Union has chosen ICE Mortgage Technology’s EPPS to improve automation, compliance, and scalability to meet the demands of over 720,000 members. 

Jul 29, 2021
ICE Makes Enhancements To Its Mortgage Prepayment Model

The Intercontinental Exchange, Inc. made enhancements to its mortgage prepayment model with daily residential mortgage rates from ICE Mortgage technology.

Jul 27, 2021
Liquid Mortgage Technology Supports Efficient Debt Market

Liquid Mortgage received a U.S. patent for its distributed ledger technology to support its future vision of efficient and transparent debt markets.

Jul 22, 2021
Rocket Expands Home Search Tool To All 50 States

Rocket Homes announced its growing home search tool now includes listings from all 50 states.

Jul 21, 2021
Better's One-Click Checkout Now Offers Title Insurance For Refi's

Better announced it has been licensed as a title insurance provider for refinance transactions through Better Settlement Services (BSS) in Virginia. 

Jul 20, 2021
Fairway Independent Mortgage Uses Doma To Improve Refinance Business

Doma Intelligence platform will remove key points of friction and frustration that affect traditional mortgage closings.

Jul 16, 2021