Anow announced a partnership that makes its powerful appraisal technology platform available to members of the Business Association of Real Estate Appraisers (BAREA), according to a press release.
“BAREA empowers appraisal companies by giving them access to beneficial professional partnerships and better business tools,” BAREA spokesperson Natalie McDonagh said in the release. “Equipping BAREA members with access to Anow’s digital appraisal management platform will strengthen their competitiveness by reducing the time and cost of producing an appraisal while facilitating the delivery of top-tier service to customers and mortgage lenders.”
According to McDonagh, as more appraisals are administered by appraisal management companies (AMCs), the profit margins of appraisal firms are being compressed to critical levels. However, Anow’s technology holds the potential to help reverse that trend by giving independent appraisal firms access to process efficiency tools that will enable them to take on more business while reducing their workload.
“Immediate business efficiencies are possible with BAREA members using the same collaborative software platform,” McDonagh said. “The ability to share best practices and benchmarking data gives our members a tremendous advantage. There's never been an appraisal partnership like this.”
“We are excited to provide BAREA’s member network with an indispensable, modern appraisal tool that’s accessible from any web-enabled device with almost no setup required,” Anow President and founder Marty Haldane said.
Anow is an appraisal firm management software developer that simplifies the way real estate appraisers manage their businesses.