With Lender Processing Services (LPS) Valuation Solutions’ Field Expert and FieldPRO solutions ,you can get valuations with maximum accuracy and quick turnaround times. Both solutions combine LPS Valuation Solutions’ industry-leading valuation model with the expertise of highly qualified field professionals.
You can depend on Field Expert to deliver step-by-step, precise results:
- Relevant data is gathered by local real estate professionals and then filtered and combined
- The combined and filtered data is processed through LPS Valuation Solutions’ exclusive Field Expert valuation model
- The model uses industry-accepted methods to rank the three most comparable sales and listings
- The listings are based on overall similarity to the subject property
- The valuation model identifies the most comparable value indicators
- The Field Expert value estimate is generated
Let FieldPRO get the job done.
LPS Valuation Solutions’ FieldPRO solution combines the knowledge of a local real estate professional with the expertise of a LPS Valuation Solutions valuation professional.
With FieldPRO, a local real estate professional visits the subject property to:
- Inspect
- Photograph
- Gather information on the property’s location
- Assess property quality and condition
- Note any adverse neighborhood influences that could affect value
- Determine the three most relevant listing comparables
- Select the three most relevant sales comparables
The information collected by the local real estate professional is provided to LPS Valuation Solutions, where it is entered into a comparables grid for analysis. LPS Valuation Solutions performs additional research through its own proprietary property database to glean additional information that helps form a final opinion.
The final reconciled value reports with supporting commentary include:
- Final valuation estimates
- One-page reports with comparable sales and listings
- Front and street-scene photos of the subject properties
- Front photos of the comparable sales and listings
- Area maps showing locations of the subject properties, listings and comparables
- Review of a previous valuation reports (when available)
Optimize your valuation process by using the right balance of technology solutions and field professionals.
Call 800.282.1104, or visit www.hanqual.com today!