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As JVI continues to grow our appraisal business in both the REO and origination space, we are constantly looking for value-added differentiators to position our appraisal network and process apart from all others. With current market forces dramatically impacting the appraisal process, a call is being made for an appraisal report process that offers more security, higher authentication and accountability. To respond to increasing client demands, JVI has teamed with NATION Technologies, LLC (NATION) to create a nationwide network of authenticated and credentialed appraisers using the BIOWRAP™ solution.
The BIOWRAP System provides appraisers with the advantage of accurately associating their identity and credentials to a secure ‘true copy’ appraisal report that cannot be altered. In addition to providing unparalleled confidence to the appraisal report, appraisers will now be able to track all those who view their ‘true copy’ appraisal report.
To stand by our value of providing our clients and our appraisal network with the highest quality valuation we have compiled some important questions as to why we have selected the BIOWRAP System as a best practice.
JVI believes strongly in this technology and the value that it adds to the appraisal process that it is paying for the monthly BIOWRAP fee for our appraisers. In fact, we are so confident in the solution as an effective management tool for our information that we use it internally for our corporate intellectual property.
According to Hank Pruett, Vice President of JVI Appraisal Division, “As a leading nationwide appraisal firm, we believe that we are providing our appraisers with cutting edge technology. The appraisers win because they are part of the network of appraisers in demand by clients and they are using this technology that allows them to create secure, authenticated and accountable appraisal reports. JVI wins because this network of best practices appraisers are using cutting edge technology that is in demand by our clients. “
JVI is working with more and more clients who want to know who is preparing their reports. These clients are requesting appraisers who use BIOWRAP. We foresee a continuing trend in this direction and together with BIOWRAP can make certain that the value and integrity of appraisal reports are maintained, protecting your livelihood as an appraiser.
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