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The Appraisal Foundation Brings Standards And Guidance To Appraisal Software Programs

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TRESinc

Elite Member
Joined
Dec 1, 2011
Professional Status
Licensed Appraiser
State
Ohio
Washington DC – The Appraisal Foundation, the nation’s foremost authority on the valuation profession, announced today that USPAP guidance will be accessible in appraisal software programs in the near future. ACI, Bradford Technologies and Centric Technology Solutions will release new programs that offer USPAP and accompanying guidance as an added resource for real property appraisers.
David S. Bunton, Foundation President said of the new initiative, “This announcement ushers in a new day for the Foundation and appraisal technology. Appraisal professionals will now have USPAP and the Foundation’s related guidance at their fingertips for reference during every step of the process. Digitizing USPAP and including it in the appraiser’s toolset is the best way to ensure compliance and ultimately build public trust in the work of appraisers.”

The Appraisal Foundation selected three companies for the initial launch, each committed to providing appraisers with the tools to perform quality appraisals through their respective software programs. These new software programs will assist in saving appraisers time and will equip them with the resources to help ensure compliance with USPAP, ultimately benefiting both lenders and consumers.

ACI will incorporate USPAP and related guidance into ACI Sky™, a new web-based appraisal platform. ACI Sky empowers the valuation professional to create full reports on the web with tools for sketching, data collection, review, MISMO® XML delivery, location and flood mapping. For Bradford Technologies, the partnership with the Foundation offers an opportunity to further the company’s focus on helping move the appraisal profession, and in particular residential appraisers, away from tedious form-filling and towards computer-aided appraising Redstone technology. Centric plans to fully integrate USPAP and related guidance into its dialogue-based solution for report creation and quality review by the end of 2015. Centric’s end-to-end, web-based platform integrates the functionality and communication needs of appraisers, AMCs, and lenders.



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if alamode is the largest residential appraiser software vendor why are they not on the list?
 
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Well, I am glad TAF will be helping some appraisers.
 
FOR IMMEDIATE RELEASE
November 12, 2015

Contact:
Paula Douglas Seidel
The Appraisal Foundation
paula@appraisalfoundation.org
direct phone 202.624.3048

"Washington DC – The Appraisal Foundation, the nation’s foremost authority on the valuation profession, announced today that USPAP guidance will be accessible in appraisal software programs in the near future.

ACI, Bradford Technologies and Centric Technology Solutions will release new programs that offer USPAP and accompanying guidance as an added resource for real property appraisers.
David S. Bunton, Foundation President said of the new initiative, “This announcement ushers in a new day for the Foundation and appraisal technology. Appraisal professionals will now have USPAP and the Foundation’s related guidance at their fingertips for reference during every step of the process. Digitizing USPAP and including it in the appraiser’s toolset is the best way to ensure compliance and ultimately build public trust in the work of appraisers.”

The Appraisal Foundation selected three companies for the initial launch, each committed to providing appraisers with the tools to perform quality appraisals through their respective software programs. These new software programs will assist in saving appraisers time and will equip them with the resources to help ensure compliance with USPAP, ultimately benefiting both lenders and consumers.

ACI will incorporate USPAP and related guidance into ACI Sky™, a new web-based appraisal platform. ACI Sky empowers the valuation professional to create full reports on the web with tools for sketching, data collection, review, MISMO® XML delivery, location and flood mapping. For Bradford Technologies, the partnership with the Foundation offers an opportunity to further the company’s focus on helping move the appraisal profession, and in particular residential appraisers, away from tedious form-filling and towards computer-aided appraising Redstone technology. Centric plans to fully integrate USPAP and related guidance into its dialogue-based solution for report creation and quality review by the end of 2015. Centric’s end-to-end, web-based platform integrates the functionality and communication needs of appraisers, AMCs, and lenders."
 
FOR IMMEDIATE RELEASE
November 12, 2015

Contact:
Paula Douglas Seidel
The Appraisal Foundation
paula@appraisalfoundation.org
direct phone 202.624.3048

"Washington DC – The Appraisal Foundation, the nation’s foremost authority on the valuation profession, announced today that USPAP guidance will be accessible in appraisal software programs in the near future.

ACI, Bradford Technologies and Centric Technology Solutions will release new programs that offer USPAP and accompanying guidance as an added resource for real property appraisers.
David S. Bunton, Foundation President said of the new initiative, “This announcement ushers in a new day for the Foundation and appraisal technology. Appraisal professionals will now have USPAP and the Foundation’s related guidance at their fingertips for reference during every step of the process. Digitizing USPAP and including it in the appraiser’s toolset is the best way to ensure compliance and ultimately build public trust in the work of appraisers.”

The Appraisal Foundation selected three companies for the initial launch, each committed to providing appraisers with the tools to perform quality appraisals through their respective software programs. These new software programs will assist in saving appraisers time and will equip them with the resources to help ensure compliance with USPAP, ultimately benefiting both lenders and consumers.

That is interesting. The largest software supplier is not in the list.

ACI will incorporate USPAP and related guidance into ACI Sky™, a new web-based appraisal platform. ACI Sky empowers the valuation professional to create full reports on the web with tools for sketching, data collection, review, MISMO® XML delivery, location and flood mapping. For Bradford Technologies, the partnership with the Foundation offers an opportunity to further the company’s focus on helping move the appraisal profession, and in particular residential appraisers, away from tedious form-filling and towards computer-aided appraising Redstone technology. Centric plans to fully integrate USPAP and related guidance into its dialogue-based solution for report creation and quality review by the end of 2015. Centric’s end-to-end, web-based platform integrates the functionality and communication needs of appraisers, AMCs, and lenders."

That is interesting. alamode/wintotal smokes them all in business and they are not listed. Makes me wonder who is kissing who?
 
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This hunt is getting good. Just wait til a state attorney general or two gets involved and they already are probably based on different posts. The FTC or ASC would be just as good in my book. They are watching and working. Make no mistake.
 
Is this going to like the UAD check? A specific block with a set of canned choices?
 
All this hunt needs is my deranged hound dog who was mentally and physically abused in it. He could really get the hunt going. He ain't right and he will tear into anything that he perceives not being right. I have had a few hunting dogs. He is not any way the best, but he would fit in real well due to his history of abuse. And he has a head bigger than most pit bulls.
 
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i only know as much as i posted.
 
Will never ever switch to ACI or Bradford software even though I was a 20 yr customer of Bradford. That being said there's something about this and these new "partnerships" that just stinks.
 
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Will never ever switch to ACI or Bradford software. That being said there's something about this and these new "partnerships" that just stinks.

I don't understand totally. But I do smell it.
 
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