Accurate Group, a leading provider of real estate appraisal, title and compliance services, announced plans to grow its appraisal volume and plans to expand its network of licensed appraisers further to meet such demands. This will allow appraisers to explore new business opportunities through enhancements to its outsourced appraisal management companies, targeting lenders who still manage their own appraisal function and related compliance efforts.
Accurate Group has taken on the role of outsourced managed service provider, allowing mortgage lenders to offload resource and capital-intense overhead functions related to appraisal management and appraisal compliance.
All appraisers in the network must meet criteria and pass due diligence and quality screenings. Appraisers who partner with Accurate Group become part of a team comprised of the nation’s top real estate appraisers, the company said.
“As we enhance our technology and process framework to meet the needs of lenders, we are also incorporating features to enable stronger collaboration with our appraisers,” Accurate Group President and CEO Paul Doman said in the press release. “Our goal is to provide the best full-service, outsourced appraisal management and compliance offering to banks, credit unions and other mortgage lenders. This means delivering the highest quality of service and the most accurate, compliant appraisals to our clients.
“To be successful, we recognize that partnership with appraisers is extremely important. We want to attract the best quality appraisers to our team, and we are making investments in both technology and programs to foster collaborative relationships with both our clients and the appraisers.”