Mercury Network Acquires Appraisal Scope, Inc

[Flakey]

Anyone have experience with Appraisal Scope? Exactly when does Mercury cease being a portal and become and AMC? Will it be when Mercury handles collecting the fee and pulling their cut off the top? May just be a matter of time before Mercury owns your client base.

https://www.mercuryvmp.com/press-release-mercury-network-acquires-appraisal-scope

https://www.appraisalscope.com/vendor-management/

 

[TRESinc]

what exactly is appraisal scope? according to the mercury link they are a software provider. are they an AMC?

 

[gregb]

One client uses appraisal scope. Very similar to appraisalport or rims. A portal for appraisal assignments, assigning and uploading.

 

[TRESinc]

so mercury basically bought out a competitor then?

 

[gregb]

so mercury basically bought out a competitor then?

Never used mercury, but sounds like appraisal scope is similar to it.

 

[Flakey]

so mercury basically bought out a competitor then?

Sorta. They appear to be more proactive about scheduling.

 

[spittman]

I've had a couple clients that use AppraisalScope based websites and charge an upload fee about the same as AppraisalPort. I also know that mercury charges more than all of them, but I have not got work through any of them in a while so I'm not sure what those fee would be now.

 

[TRESinc]

thanks for the responses. long ago i made a personal decision not to work with any client who requires me to pay a fee to send in the product they ordered/purchased from me. it's just a personal thing. i don't require the restaurant to pay me to purchase food when i dine nor do i require the utility companies to pay me when i order their services so why would i pay anyone to deliver a product ordered from me?

 

[gregb]

Appraisal scope charges me no fee for the service they provide one bank client. Guess the bank is paying their fee.

 

[Sid Holderly]

Some of the orders through these portals are paid by the lender. I have had a couple that have been prepaid the last 6 months. I think they found out a lot of use do not like paying to send in a report. An order I turned down today from Mercury had a reasonable fee, but I am at least 3 to 4 weeks out. Another AMC is looking for a quick turn on a mfg with acres that has been flipped, It would require a drive over 3 counties for comps.