Improving report accuracy and its delivery time are long awaited features for commercial appraisers. Compared to other industries, the commercial real estate was always behind technology, and the appraisal reports used to be time consuming and required a difficult work process.
Nowadays, with the apparition of commercial appraisal software, things are significantly easier.
The advantages of this software include:
- No more lack of consistency throughout the appraisal report
- No more math errors
- Allowing appraisers to identify and follow the proper scope of the report
- Providing easy access to quality data from old reports but also recent market statistics, as well as to rent rolls, local comps and other resources necessary to create a report and justify/ defend the valuation of a property
What makes appraisal software “good”?
If you must decide between different applications, there are some key features to look for: relevance to the appraiser`s needs, high quality data, ease of use and accessibility. Appraisers need valid data sources, publicly accessible but also private information. Some appraisal software, like that from ReportBuilder Pro, offers both.
Various software offers various tools, so appraisers must determine whether a software is responsive to their specific needs, accessible and good enough to store their information securely so nothing gets lost.
First Seen on: Why Commercial Appraisers Need Report Writing Software
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