WorkflowCommercial Real Estate

Appraisal Review

Every appraisal checked against the guidelines and your file before the credit decision.

Film coming soonSee it working, liveWe’ll walk you through Appraisal Review on your own documents.
WorkflowDocuments in; a checked, signed result out.
5specialist agents
5kinds of input
Soonfilm in production
The problem

Why it matters

Review appraisers read 200-page reports by hand against the Interagency Guidelines and USPAP, and the review becomes the queue that holds up the credit decision.

What it does

How the solution handles it

Five agents read the report, check it against FIRREA, the Interagency Guidelines and your engagement letter, test comparables, cap rates and rents, cross-check it to the file and draft the review memo. The review appraiser concludes and signs.

How it works

How an appraisal moves

Five agents read, check compliance, test assumptions, cross-check the file and draft the memo; the review appraiser concludes and signs.

What comes in
Report in200+ pages · appraisal, engagement, file
Agents at work
Appraisal readerapproaches · comps
Then
Compliance checkerFIRREA · USPAP
Assumption testercap rate · rents
Then
Cross-file checkervs the file
Then
Review memo writercited memo
A person decides
Review appraiserconcludes and signs
What comes out
Signed review
Appraiser questions
Value accepted
In and out

What it reads, and what it hands back.

What goes in

  • Appraisal report
  • Engagement letter
  • Rent roll and T-12
  • Survey and third-party reports
  • Valuer report (India)

What comes out

  • Appraisal review memo
  • Compliance checklist (FIRREA, USPAP)
  • Assumption and comparable challenges
  • Questions for the appraiser

Who uses it

RAReview appraiserCAChief appraiserCOCredit officerCUCRE underwriter
What it changes

The difference, in numbers.

Every figure is labelled: a target the solution is built to, an estimate, a typical published result, or a proven one.

target
45min
per report, from upload to a drafted review memo
By hand3–5 hrs
With agents≈ 45 min
target
100%
of appraisals reviewed before the credit decision
review comes first
estimated
3×
the reports each review appraiser can clear
TodayWith agents

“Target” = design goal, measured in the live solution · “Estimated” = our estimate · Interagency Appraisal and Evaluation Guidelines (2010) · USPAP Standard 3 · CRE appraisal threshold $500K (2018 rule) · agents = the live solution’s configuration

Built on the engine

5 specialist agents. One person decides.

Appraisal readervalues, approaches, comparables
Compliance checkerFIRREA, guidelines, engagement
Assumption testercap rates, rents, comparables
Cross-file checkeragainst rent roll, survey, reports
Review memo writerchallenges with page references
Review appraiserconcludes and signs

Build this
for your team.

We’ll show Appraisal Review running on your own documents.