HouseCanary, a leading provider of modern valuation and appraisal solutions, has announced Agile AppraisalTM, a valuation platform with full USPAP and FIRREA compliance that is the flagship offering in HouseCanary's Valuation Suite, the company announced in a release.
Agile Appraisal connects users to a network of certified, geographically competent appraisers who are available on demand. The speed and efficiency of the new system allows users to cut the time needed for an appraisal to as little as five days, and is more affordable than the traditional process, the release said.
Additionally, according to HouseCanary, the platform leverages HouseCanary’s proprietary nationwide analytics and technology-enabled quality control to offer customers standardized and reliable appraisals, backed by the most complete data set in U.S. real estate, with full USPAP and FIRREA compliance.
“The world of valuation is radically changing, with users demanding reliable data available 24/7, and our ability to derive insights from the massive pools of data is revolutionizing human-based valuations," HouseCanary Analytics Executive Vice President Alex Villacorta said in the release. “Instead of relying solely on census tract data, and by putting insights in appraisers’ hands, we can empower them to address the most salient market issues quicker than ever before, and with next-level precision. This game changing efficiency allows for a faster turnaround time and reduced revisions, making Agile Appraisal essential for market participants who want to stay ahead of the curve.”