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Technology Corner

Global DMS integrates appraisal tech software

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Technology Corner
Wednesday, October 7, 2020

Global DMS, a leading provider of cloud-based appraisal management software, has integrated its new EVO platform, valuation technology that shatters the constraints of yesteryear software designs, with ProxyPics to provide its clients with a secure method of facilitating the delivery of photographs of a subject property when access to the property is unavailable, Global DMS announced in a press release.

EVO ProxyPics allows lenders, AMCs, and appraisers to seamlessly request and receive high quality photos of both the interior and exterior of the subject property directly from the home occupant, who utilize ProxyPics’ patented mobile app to easily take the required photos, answer pre-set questions about the quality, condition, and unique characteristics of their home, and submit the information back to EVO for immediate use, the company said.

The entire process is automated, secure, protects against fraud, and requires no additional work or oversight from those using EVO – who never have to leave the platform.

“In addition to providing outstanding appraisal management technologies, the safety of our clients is of top concern,” Global DMS Chief Operating Officer Jody Collup said in the release. “This integration not only provides timely, cost-effective, and accurate values for all loan types, it allows those using EVO to efficiently complete their valuations without ever leaving their desk.”

With EVO ProxyPics, lenders, AMCs, and appraisers can remain socially distant while still receiving the vital information they need for completing accurate valuations that are in full compliance with the temporary appraisal guidelines that were enacted by federal regulators in response to COVID-19.

“At ProxyPics, we agree that customer safety is a top priority,” ProxyPics CEO Luke Tomaszewski said. “Integrating our innovative solution with a state-of-the-art appraisal management platform like EVO provides financial entities with the necessary tools for conducting remote inspections that still meet the demands of the highly regulated mortgage industry.”

Though developed for today’s unique mortgage environment, EVO ProxyPics will continue to serve its users well into the future by providing a simple and completely digital method for securing the primary photos of a subject property as quickly as possible – helping to streamline their appraisal process and decrease turn-times, Global DMS said.

 

 

 

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