Reno, Nevada-based InsideValuation, a real estate valuation provider, has introduced a new technology portal that is designed to expedite the turnaround time on valuation reports. The firm says its new technology is able to automate non-critical points in the valuation process and reduce delivery time. It also includes a scoring model with demographic and economic information that assists in the quantification of collateral risk.

“Our technology enables us to provide accurate valuations in a fraction of the time that similar valuations take without the use of technology,” said Barry Bates, InsideValuation’s president and chief executive officer.
The new platform is integrated through .NET and data-push technology which allows field valuators to receive timely requests for valuations, giving InsideValuation clients access to their orders in real time, the company claims in a press release. The firm says this time-saving asset can turn what was once a stretched-out process to a process that takes five days on average.
InsideValuation says the platform can be adapted to the customer’s individual custom forms, as well as current market conditions and operational demands.