Marketwise Valuation Services, a regional AMC headquartered in Florida, announced the company's expansion into the state of Massachusetts and that it is licensed by the Massachusetts Division of Occupational Licensure Board of Real Estate Appraisers. This marks a major milestone in the company's expansion efforts nationwide, according to a press release.
Marketwise Valuation Services offers residential and commercial valuation services to lending partners through its network of appraisers in several states while delivering a suite of valuation and appraisal management services to banks, lenders and other firms powered by innovative management technology tools
The company also stated it ensures a complete audit trail throughout the entire appraisal process and provides a compliant communication system between lenders and vendors.
“At Marketwise, we look to provide the best possible services throughout our portfolio,” company Managing Director Parker Little said in the release. “We are excited to bring our commitment to quality and service, which sets us apart in our industry, to our partners in Massachusetts and beyond as we continue to scale MVS.”
The Division of Occupational Licensure of Massachusetts sets minimum requirements based on criteria set by the federal government and Massachusetts law, ensuring licensed appraisers in the state are qualified and experienced to perform appraisals, including in federally related real estate transactions.
The Licensing Unit performs background checks on appraisal management companies, ensuring applicants meet minimum education and experience requirements and successfully complete a nationally approved examination.