Commercial Appraisal Review demo
Every commercial appraisal read against the standards, the bank's comps and the loan file before a reviewer signs. 1:15
What the demo shows
An appraisal review solution for banks that checks each report against USPAP and comps.
Six agents read the whole report the moment it arrives — the appraiser's comps set beside the bank's own sales nearby, the 44-item standards checklist answered with a page for every answer, the cap rate tested against the bank's deals, the income approach tied to the loan file — and draft the questions for the appraiser and the review report; the review appraiser decides and signs.
Transcript
- Commercial Appraisal Review checks appraisals against the SPAP, the loan file, and the bank's own sales.
- This grid says $230 a foot, $29.5 million.
- Beside it, the bank's sales, two are closer and newer than any the appraiser chose.
- Priya brings them in, and the value drops to $26.2 million.
- Line by line, the July sales show an 11% drop, the grid ignored.
- Six agents then answer all 44 checks, each with its page.
- Seven questions ask the appraiser for support, never suggesting a value.
- Revision 2 brings both in.
- 24.1 million, 77% loan-to-value.
- Pre-assigns, Martin concurs, and credit sees the real number.
- Built on Botminds: agents, data, screens, and governance on one platform. You
Transcribed from the film’s narration. Captions are on the player.