Aloft, a technology provider in the real estate appraisal industry, recently announced the launch of its cutting-edge product, Appraiser Toolkit. This plans to be a “robust” solution for today’s appraisers, with the platform aiding in performing defensible adjustments and analysis, which enables more accurate, efficient, and compliant appraisal reports, according to a press release.
“As the real estate market continues to evolve, so do the challenges faced by appraisers. Compliance, data accuracy, and reporting complexity are just a few of the hurdles,” Aloft CEO Travis Soukup said in the release. “We designed Appraiser Toolkit to help industry professionals navigate this intricate landscape.”
Features of Appraiser Toolkit include:
- Paired cost framework for adjustments: A novel approach for making quick, accurate adjustments, saving time and effort for appraisers powered by Toolkit’s proprietary backend technology.
- Data aggregation capabilities: Single-source data collection and validation from supported MLS systems and access to thousands of data pieces at once to create ironclad reports.
Data transparency and compliance have been challenges for the appraisal industry. Aloft’s Appraiser Toolkit aims to ease these pain points by offering features that provide clear, defendable, and compliant appraisal reports, the company said.
“We are here to revolutionize how appraisers work without disrupting time-tested procedures. This isn’t just another tool; it’s an entirely new way to think about appraisals,” Chief Appraiser Hansel Dobbs said.
The official launch of Appraiser Toolkit took place at Appraisal Summit on Sept. 17, where attendees got a hands-on demo.