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YIKES! LSI and Alamode

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Pamela Crowley (Florida)

Thread Starter
Elite Member
Joined
Jan 13, 2002
Professional Status
Retired Appraiser
State
Florida
http://sev.prnewswire.com/computer-electronics/20081020/DA4007220102008-1.html

LSI Integrates With a la mode's Mercury Network

SAN FRANCISCO, Oct. 20 /PRNewswire/ --
a la mode announced today that LSI, a division of Lender Processing Services (NYSE: LPS) , is in the final development and testing phase of "round trip" appraisal integration between LSI's eLenderSolutions and a la mode's Mercury Network Vendor Management Platform (VMP).
I want to know what's really going on with this.
 

Mr Rex

Elite Member
Joined
Jan 12, 2004
Professional Status
Certified Residential Appraiser
State
North Carolina
Would you prefer LSI and ACI?
 

Workbox

Elite Member
Joined
Mar 2, 2005
Professional Status
Certified Residential Appraiser
State
Colorado
Does this mean that ACI is loosing a client? Plus, are fees going to be cut? Is it going to be on a rotation basis to be fair, not pick the preferred appraiser?
 

Mister Ed

Senior Member
Joined
Jan 24, 2004
Professional Status
Certified Residential Appraiser
State
Georgia
Workbox,

I am on LSI's approved list (don't know how I got there), and have done one job for them at $25 less than my standard fee (am in a rural area and can get pretty good fees) in the last two years.

The question you are asking is one to which I do not have an answer yet. I am not even sure that Alamode or LSI can give you an answer just yet.

My partner did quite a bit for them for a while and fought the battles with Lighthouse. Finally, he was sending them pdf's but his work from them dropped dramatically after that. Delivery through the Mercury network will be a blessing compared to the headaches of Lighthouse.

I will imagine that LSI will control their own ordering much as companies like RELS, Quantrix, etc who use the Mercury software for ordering and transmission of orders. Fees? Probably whatever anyone is making now.

-ed-
 

hobbitt

Sophomore Member
Joined
Jul 30, 2008
Professional Status
Certified Residential Appraiser
State
Florida
Maybe another joint venture is coming ACI + alamode + FA= ? names anyone? how about commode
 

Scott Kibler

Elite Member
Joined
Oct 7, 2003
Professional Status
Certified Residential Appraiser
State
Illinois
I got a call from an Alamode salesman yesterday concerning buying an XSite to "be HVCC compliant".

I bet it is a related topic.

Since I never return such calls, I don't know for sure.
 

Karl

Elite Member
Joined
Jan 15, 2002
Professional Status
Licensed Appraiser
State
Arizona
Watching the happenings over the past 25 years in Real Estate & the entire selling off of the USA. This is a great time to be OLD!!!
 

RSW

Elite Member
Joined
Feb 18, 2002
Professional Status
Certified Residential Appraiser
State
Tennessee
Watching the happenings over the past 25 years in Real Estate & the entire selling off of the USA. This is a great time to be OLD!!!

I've only got 17 more years to go. Maybe I'll retire sooner.
 
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