Press Releases
Bradford Technologies Releases CVR™ 2.0
The Most Advanced Appraisal in America
July 31, 2012
Provider of Industry Leading Valuation Analysis Software Continues to Advance Appraisal Reliability and Transparency
San Jose, CA – July 31, 2012 – Bradford Technologies announced today the release of the next generation of appraisal reports: the Collateral Valuation Report - CVR 2.0. The innovations in the new format provide greater clarity and transparency of the appraiser’s valuation process. The new report format makes greater use of charts to convey information and statistics to enhance the reliability and accuracy of the valuation.
Bradford Technologies Launches DirectCLICKS™
September 12, 2011Zero-cost technology allows lenders and AMCs to receive ClickFORMS appraisals while achieving XML and UAD-compliance, reducing turn times and safeguarding against errors
San Jose, CA— September 12, 2011—Bradford Technologies, innovator of valuation tools and solutions for residential appraisers and parent of the AppraisalWorld online community for appraisers, has announced the launch of DirectCLICKS, its appraisal delivery solution.
Bradford Redesigns 1004
Dramatically Improves UAD Productivity
July 26, 2011
Bradford Technologies, Inc. will release this week its much anticipated UAD Power User interface for producing UAD compliant appraisal reports.
The ClickFORMS UAD Power User interface is a redesigned 1004 appraisal report that dramatically improves an appraiser’s productivity in meeting the stringent UAD data requirements. The redesign completely eliminates abbreviations, eliminates the need to repurpose fields and removes any need for concatenating multiple data points into abbreviated hieroglyphics such as found on the basement field of the sales grid.
Bradford Technologies And Woodfinn Announce Key strategic Partnership
April 13, 2011Portal Integration Provides Clients with Ease of Ordering for Game-changing
Collateral Valuation Report
San Jose, CA and San Diego, CA – April 13th, 2011 – Key appraisal industry technology leaders Bradford Technologies, Inc. and Woodfinn, Inc. today announced a strategic alliance that enables appraisal panel managers using the Woodfinn Compass™ platform to seamlessly recruit appraisers from Bradford Technologies’ AppraisalWorld online community and dramatically reducing the cost of recruiting. Panel managers will be able to search, recruit and add appraisers to their panel with a few simple clicks. In addition, Woodfinn clients can now expand their valuation business into the servicing industry by fulfilling orders for the game-changing Collateral Valuation Report (CVR).
Bradford Technologies Integrates CVR Network of Appraisers with Global DMS’ eTrac Appraisal Process Management Software
March 28, 2011Lenders can now use eTrac to easily order, track and manage Collateral Valuation Reports
San Jose, CA — March 28, 2011 — Bradford Technologies, innovator of valuation tools and solutions for residential appraisers and parent of the AppraisalWorld online community for appraisers, has announced that the AppraisalWorld national network of CVR Specialists is now integrated with Global DMS’ eTrac appraisal process management software. This integration provides eTrac users with seamless access to a network of licensed appraisers approved to prepare Collateral Valuation Reports, Bradford Technologies’ innovative alternative valuation product. Users may also order, track and manage Collateral Valuation Reports directly through their eTrac systems.
Bradford Technologies Enhances CompCruncher Appraisal Software, Increasing Reliability of Collateral Valuation Report
October 25, 2010San Jose, CA – October 25, 2010 – Bradford Technologies, innovator of valuation tools and solutions for residential appraisers and parent of the AppraisalWorld online community for appraisers, has enhanced its CompCruncher™ computer-aided appraisal software to produce statistically supported appraisals that now include exterior property inspections.
Bradford Technologies And IRR-Residential Partner to Provide Statistically Supported Appraisals With The New Collateral Valuation Report
October 5, 2010San Jose, CA and Westwood, KS – October 5, 2010 – Bradford Technologies, the leading innovator of computer-aided appraisal tools for appraisers and IRR-Residential, a national, full service residential valuation company with affiliate offices located in the top 48 metropolitan areas, have formed a partnership to further expand IRR-Residentials’ valuation services by offering superior, statistically supported property appraisals using the new Collateral Valuation Report (CVR™).
Bradford Technologies Partners with Appraisal Management Company Collateral Valuation Research Inc. For CVR™ Report Capabilities
September 21, 2010San Jose, CA and Scottsdale, AZ – September 21, 2010 – Bradford Technologies innovator of valuation tools and solutions for residential appraisers and Collateral Valuation Research Inc. have partnered together to further expand Collateral Valuation Report (CVR™) coverage area throughout North America.
AMC Western Valuation Services Partners with Bradford Technologies
September 7, 2010Appraisal management company offers new Collateral Valuation Report to clients; delivers accurate valuation reports at half the cost, and in half the time of traditional appraisals.
San Jose, CA, and Salt Lake City, UT – September 7, 2010 – Bradford Technologies, innovator of computer-aided valuation tools and solutions for residential appraisers, and Salt Lake City-based Western Valuation Services, a division of the Wasatch Front Appraisal Network appraisal management company, have partnered to provide Bradford Technologies’ new Collateral Valuation Report (CVR™) to Western Valuation Services clients who are looking for a highly accurate, researched valuation report at a much lower cost and faster turn-around time than other non-originating lending appraisals.
Bradford Technologies' ClickFORMS First Appraisal Software to Offer Full 1004MC Integration
FOR IMMEDIATE RELEASE
Media Contact:
Adam Anderson
Bradford Technologies, Inc.
adam@bradfordsoftware.com
San Jose, CA, July 20, 2009 — Bradford Technologies, Inc., the leading developer of innovative, hassle-free appraisal products, announced today that it will provide a new service with its flagship product, ClickFORMS™, which will allow appraisers to automatically complete the 1004MC form in a matter of seconds.
Bradford Technologies is the first appraisal software provider to offer full MLS integration with the 1004MC form. The service, which is now available for ClickFORMS users, consists of a number of features that creates the most comprehensive appraisal report possible.
"We are excited to be first-to-market with this exciting technology we know appraisers will enjoy," said Jeff Bradford, president and CEO of Bradford Technologies. "Appraisers will save hours on every report they produce, while simultaneously improving the aesthetics and overall quality of their finished product."
Appraisers utilizing this service will have the following features automatically included in every appraisal report:
- Population of 1004MC form and auto-commenting
- Population of 12-month comparable history in URAR (1004)
- Addendum with five detailed charts
The 1004MC Integration service for ClickFORMS is currently compatible with more than 600 MLS providers. For those MLS providers not yet compatible, Bradford Technologies can usually create an integration connection within 24 hours.
This service is available to ClickFORMS users on an annual subscription basis. Appraisers interested in obtaining this service may call 800-622-8727 ext. 301, or visit http://shop.appraisalworld.com.
About Bradford Technologies, Inc.
Located in Silicon Valley, California, Bradford Technologies, Inc. has provided world-class appraisal software for more than twenty years. Its flagship product, ClickFORMS™, is known for its intuitive interface and ve appraisers in the nation. Bradford Technologies is also the founder of AppraisalWorld, an online community of valuation professionals.
Centract Settlement Services, in Partnership with Bradford Technologies, to Launch New Appraisal Software Nationally
Centract to debut Bradford’s ClickFORMS in exclusive offering to Canadian appraisers
TORONTO, ON – July 16, 2009 – Centract Settlement Services (“Centract”) and Bradford Technologies Inc. (“Bradford”) have entered into an exclusive partnership agreement to bring ClickFORMS residential appraisal software to the desktop of Canadian appraisers free of charge.
Centract and Bradford have jointly developed a custom version of Bradford’s existing Canadian ClickFORMS software, which will be available to all appraisers working with Centract including mapping and area sketch programs.
As the preferred appraisal provider for many of Canada’s lenders, Centract recognizes the challenges that appraisers face doing business in today’s economic climate, and is committed to providing the tools appraisers need to remain profitable and productive. Changing lender risk requirements, the heightened focus on report quality and report standardization are a few of the drivers behind the development of the new ClickFORMS software.
“Canadian Appraisal Management Companies like Centract are in a unique position to work directly with lenders and appraisers to provide value to both of these important stakeholders in the residential mortgage process. Lenders are increasingly risk averse and appraisers are looking for productivity and profitability efficiencies. Technology like ClickFORMS is part of the solution,” said Phil West, executive vice president and general manager, Centract Canada.
The new ClickFORMS software will put quality control in the hands of the appraiser, ensuring the terms of reference are met and the report is complete before the report is uploaded and available to the lender. By greatly reducing the possibility of error and providing a consistent report template for the underwriter to review, efficiencies are achieved across the board.
“ClickFORMS will create process efficiencies and mitigate risk for appraisers, and provide Canadian lenders with the quality reports they require to underwrite their mortgage loans”, comments Terri Austin, associate vice president, appraisal services at Centract. “Ensuring the appraisal report meets the lender’s requirements at time of upload means the appraiser will not be required to revisit the report at a later date to make a correction, or supply missing information.”
Bradford Technologies is the third-largest appraisal software provider in the US, and entered the Canadian market with AIC and CNAREA compliant residential appraisal forms in 2005. “We are excited to be working with Centract - our partnership is an excellent opportunity to showcase how reliable and intuitive ClickFORMS is”, says Jeff Bradford, president, Bradford Technologies. “We are confident that Centract’s appraiser partners will experience improved productivity and also benefit from the easy to use drag-and-drop functionality in ClickFORMS.”
About Centract Settlement Services
Centract Settlement Services (“Centract”) is the largest provider of collateral valuation and risk management solutions to Canadian mortgage lenders and brokers. Centract delivers a comprehensive portfolio of mortgage services including AVMs, appraisal, legal and recovery services. Centract has completed over 1.5 million appraisals in support of the Canadian mortgage industry to date. In Canada, Centract operates under the banner of Brookfield Residential Property Services.
About Brookfield Residential Property Services
Brookfield Residential Property Services is a leading global provider of real estate and relocation services, technology, and knowledge. Headquartered in Toronto, with offices across Canada and the United States, as well as London, UK, Shanghai and Singapore, Brookfield Residential Property Services has over 1800 employees worldwide. Brookfield Residential Property Services’ portfolio consists of operating lines in residential real estate, global relocation services, home valuations, move programs and related services, and technology platforms that add value for their customers. Brookfield Residential Property Services is a division of Brookfield Asset Management Inc. (“Brookfield”), a global asset manager focused on property, power and infrastructure assets. Brookfield has approximately $80 billion of assets under management and is co-listed on the New York and Toronto Stock Exchanges under the symbol BAM and on NYSE Euronext under the symbol BAMA.
About Bradford Technologies
Located in Silicon Valley, California, Bradford Technologies, Inc. has provided world-class appraisal software for more than twenty years. Its flagship product, ClickFORMS®, is known for its intuitive interface and hassle-free reliability. It is the only appraisal software package to earn the coveted Microsoft® "Designed for Windows XP" certification. As a result, Bradford Technologies' customers are among the most productive appraisers in the nation. Bradford Technologies is the founder of AppraisalWorld, an online community of valuation professionals.
For more information contact:
Centract Settlement Services
Lori Ingram
416 386 4339
lori.ingram@centract.com
Brookfield Residential Property Services
Aleya Chattopadhyay
416 510 5625
aleya@brookfieldrps.com
Bradford Technologies Inc.
Kimberly Hartmark
800-622-8727, X125
kim@bradfordsoftware.com
Bradford Technologies and Apex Software
Partner to Provide Best Possible Customer Experience
Leading Appraisal Industry Software Developers to Provide Unsurpassed Product Line Integration and User Support
FOR IMMEDIATE RELEASE
Media Contact:
Ann E. Johnson
Bradford Technologies, Inc.
Tel: 800-622-8727, X127
San Jose, CA, March 5, 2008—Bradford Technologies, Inc., the leading developer of innovative, hassle-free appraisal products, and Apex Software, the market leader in sketching solutions for the real estate valuation market, announced today a strategic partnership to benefit their mutual customers. The result will be a more streamlined integration of Bradford Technologies' ClickFORMS™ appraisal form software with the Apex v4 Medina™ sketcher.
Further, the partnership will provide a new level of enhanced support to Bradford Technologies and Apex Software customers for a better overall user experience. As part of creating a more seamless integration between ClickFORMS and Apex, Apex has developed a powerful, new integration control that will streamline the process. In addition, Bradford Technologies support staff as well as Apex software will be rigorously cross trained on all product features.
According to Jeff Bradford, Bradford Technologies CEO, "This new partnership will be welcomed by our many Apex users. Now that both of our respective companies' Technical Support and Programming departments will be working together and sharing knowledge and ideas, the users can expect to see improved reliability and many enhancements. We are excited to offer this new level of service for our Apex sketching software customers."
Randall Garrett, President of Apex Software, added, "Our new partnership with Bradford Technologies is a strong move that will provide great benefit to our mutual customers moving forward and show our renewed commitment to the appraisal industry."
Bradford Technologies carries the full product line of Apex mobile sketching and data collection products, from mobile applications to desktop, and makes them available online in the new AppraisalWorld.com Shopping Mall.
For more details about the partnership, call 800-622-8727 or visit www.bradfordsoftware.com.
About Bradford Technologies, Inc.
Located in Silicon Valley, California, Bradford Technologies, Inc. has provided world-class appraisal software for more than twenty years. Its flagship product, ClickFORMS™, is known for its intuitive interface and hassle-free reliability. It is the only appraisal software package to earn the coveted Microsoft® "Designed for Windows XP" certification. As a result, Bradford Technologies' customers are among the most productive appraisers in the nation. Bradford Technologies is the founder of AppraisalWorld, an online community of valuation professionals.
About Apex Software
Apex Software is a business applications developer serving 130,000 customers in the real estate valuation industry and the mobile professional markets for the last 20 years. Apex Sketching Software, an industry standard, offers fast, easy, high quality sketching and enclosed area calculations. For more information, contact Apex Software at 800-858-9958 or visit www.apexwin.com.
Bradford Technologies Launches AppraisalWorld™ WebStore
Leading Appraisal Software Developer Enhances Appraiser Online Community with Grand Opening of StoreFOR IMMEDIATE RELEASE
Media Contact:
Ann E. Johnson
Bradford Technologies, Inc.
Tel: 800-622-8727, X127
San Jose, CA, December 3, 2007—Bradford Technologies, Inc., the leading developer of innovative, hassle-free appraisal products, announces today the grand opening of its AppraisalWorld™ WebStore. This is another in a long list of innovative efforts for Bradford Technologies to make appraisers more productive and successful. The AppraisalWorld WebStore is a new benefit of the unique AppraisalWorld online community, which is geared to serving valuation professionals in the real estate appraisal industry.
The AppraisalWorld WebStore is open to all appraisers. Due to Bradford Technologies’ volume purchasing power and strategic partnerships with industry-leading companies such as Microsoft®, Marshall & Swift™, Fidelity Data Services, Flood Insights™ and others, members of AppraisalWorld will be able to purchase all their appraisal-related products, services, and data at everyday discount prices.
“Throughout the month of December, products in the store will be discounted by 20% – 75%. We will also have weekly super specials and door prizes. We will be giving away DISTOs™ and some lucky customer is going to win 2 free roundtrip tickets on American Airlines,“ stated Jeff Bradford, CEO of Bradford Technologies. “With this being Bradford Technologies’ 20-year anniversary celebration, we want to thank our loyal ClickFORMS® customers and also welcome new members to the store by giving them unbeatable discounts on the best products and services in the industry.”
Following is a sampling of the Grand Opening savings at the www.AppraisalWorld.com WebStore:
- Flood Maps – 49 cents each
- Business Websites – 30% OFF
- Appraisal Books – Up to 20% OFF
- Appraisal Software Specials - $49/mo (Includes Unlimited Location Maps, Flood Maps, Unlimited Technical Support, Instant Customer Service, and Appraisal Locker™ for Storing Appraiser Credentials.)
- 20% - 75% Discounts - On all our most popular products in the store
For more information, or to purchase products from the AppraisalWorld WebStore, and enter the grand opening drawings, visit www.AppraisalWorld.com or call 1-800-622-8727.
About Bradford Technologies, Inc.
Located in Silicon Valley, California, Bradford Technologies, Inc. has provided world-class appraisal software for more than twenty years. Its flagship product, ClickFORMS™, is known for its intuitive interface and hassle-free reliability. It is the only appraisal software package to earn the coveted Microsoft® "Designed for Windows XP" certification. As a result, Bradford Technologies' customers are among the most productive appraisers in the nation. Bradford Technologies the founder of AppraisalWorld, an online community of valuation professionals.
Bradford Technologies Unveils Another Industry First:
Instant Customer Service™
Leading Real Estate Appraisal Software Developer Supplements Portfolio with Instant Service Option
FOR IMMEDIATE RELEASE
Media Contact:
Ann E. Johnson
Bradford Technologies, Inc.
Tel: 800-622-8727, X127
San Jose, CA, October 31, 2007—Bradford Technologies, Inc., the leading developer of innovative, hassle-free appraisal products, announces today the availability of Instant Customer Service™ for its ClickFORMS™ appraisal software customers. This is another industry first for Bradford Technologies in a long list of innovative efforts to make their appraisers the most productive in the industry.
Instant Customer Service gives appraisers a quick and very efficient way to get their questions answered in real-time. Many of the support questions Bradford Technologies receives via phone or e-mail can be handled live, giving customers instant answers. Customers will no longer have to leave a voicemail message and wait on a return phone call or send an e-mail and then wait for an e-mail response. They can get their questions answered easily and quickly and continue focusing on completing their work.
Instant Customer Service is available in the new release of ClickFORMS™ version 5.4., available for download October 31, 2007, or through the built-in auto updater service. Instant Customer Service is web-based, private, secure against hacking and requires no special downloads. No other appraisal software provider offers this valuable service.
According to Jeff Bradford, CEO of Bradford Technologies, “Our goal is to increase our customer’s productivity. Instant Customer Service gives them immediate, live access to someone who can answer their questions quickly. It saves them time and money and allows them to concentrate on doing what they do best—appraisals. ClickFORMS customers expect hassle-free service and software. This is just our way of raising the standard for excellent, hassle-free customer service.”
For a limited time, Instant Customer Service will be available at no charge for all ClickFORMS users enrolled in the subscription or software maintenance plans. In the future, the service will only be available to subscription and live support members.
For more details about Instant Customer Service, call 800-622-8727 or visit www.bradfordsoftware.com.
About Bradford Technologies, Inc.
Located in Silicon Valley, California, Bradford Technologies, Inc. has provided world-class appraisal software for more than twenty years. Its flagship product, ClickFORMS™, is known for its intuitive interface and hassle-free reliability. It is the only appraisal software package to earn the coveted Microsoft® "Designed for Windows XP" certification. As a result, Bradford Technologies' customers are among the most productive appraisers in the nation. Bradford Technologies is the founder of AppraisalWorld, an online community of valuation professionals.
Bradford Technologies Announces Revolutionary
New Service, AppraisalWorld™
An Online Community of Valuation Professionals Developed for Appraisers and Lenders
FOR IMMEDIATE RELEASE
Contact Information:
Ann E. Johnson
Bradford Technologies, Inc.
Tel: 800-622-8727, x127
San Jose, CA, October 12, 2007 – Bradford Technologies, Inc., the leading developer of innovative, hassle-free appraisal products, is celebrating its 20th year of service to the appraisal industry by launching a revolutionary new service called “AppraisalWorld”. AppraisalWorld is an innovative Internet community that provides valuation professionals the resources and opportunities to expand their business, to build stronger relationships and to develop new valuation tools that will make the appraisal profession the strongest it has ever been.
The cornerstone of AppraisalWorld is its patent-pending, national directory of appraisers that locates and ranks appraisers by their level of local-area knowledge about the subject property and its neighborhood.
“Finding appraisers with the most local area expertise is critical to improving the appraisal process. Our AppraisalWorld Directory of appraisers is the first step in that direction,” stated Jeff Bradford, CEO of Bradford Technologies. Lenders and brokers referencing the directory can be confident that the appraiser listed has local-area expertise and can provide the quickest and most reliable property valuation.
Additional AppraisalWorld services include Appraisal Lockers™, for storing the appraisers’ credentials online for easy validation and reference by lenders and brokers; Appraisal Sentry™ for secure identity authentication and report fraud prevention; and Appraisal Express™ for hassle-free online order management using the new MISMO XML Valuation data standard. The AppraisalWorld Shopping Center will open soon.
Bradford Technologies’ volume purchasing power and strategic partnerships with industry-leading companies such as Microsoft®, Marshall & Swift™, Fidelity Data Services, Flood Insights™, Veros and many more will allow AppraisalWorld members to purchase, at discount prices, all the services, software, hardware and data needed for their appraisal business, including AVMs and continuing education credits.
Bradford added, “We are excited to make this web community available to appraisers and the lender community. Membership has recently grown 300%, and we project that trend to continue steadily in the next few months.” AppraisalWorld offers several membership levels, which are customized to benefit the beginning “Apprentice” appraiser, the skilled “Professional ”, the veteran “Top Producer” or the multi-user “Enterprise” firm. For a limited time, appraisers can become AppraisalWorld Directory members and receive a one-year listing for free. For more details about AppraisalWorld, visit the website at www.AppraisalWorld.com or call 800-622-8727.
About Bradford Technologies, Inc.
Located in Silicon Valley, California, Bradford Technologies, Inc. has provided world-class appraisal software for more than twenty years. Its flagship product, ClickFORMS™, is known for its intuitive interface and hassle-free reliability. It is the only appraisal software package to earn the coveted Microsoft® "Designed for Windows XP" certification. As a result, Bradford Technologies' customers are among the most productive appraisers in the nation. Bradford Technologies is a co-founder of AppraisalWorld, an online community of valuation professionals.
ClickFORMS has new AI Reports™
FOR IMMEDIATE RELEASE
Contact Information:
Bradford Technologies, Inc
Tel: 408-360-8520
San Jose, CA, March 15, 2006 – Bradford Technologies announced today that ClickFORMS™ version 3.4 has the new (version 2.0) AI Reports™. The AI Reports™ are designed to fill a gap in an appraiser’s Forms Library. With the release of the Fannie Mae forms last year, appraisers were left without an updated non-mortgage appraisal form. The new Fannie Mae forms are mortgage-specific, and Fannie Mae precludes appraisers from using them for non-mortgage applications such as divorce and probate.
Leland Trice, chair of the AI Reports™ Project Team, commented on what appraisers can expect: “AI Reports™ is a series of appraisal report formats being created by the Appraisal Institute. Designed by appraisers for appraisers, these formats are intended to be very flexible. The Summary Appraisal Report – Residential - AI Reports™ is our first completed effort. It’s the product of a lot of hard work by the Appraisal Institute and our AI Reports™ Project Team.
The Appraisal Institute has arranged distribution of the form through a number of appraisal software companies, who have agreed to include the form in their product lines.”*
Jeff Bradford, President of Bradford Technologies, said “Given the new USPAP regulation regarding Scope of Work and Intended Use and User, these forms will provide a way for appraisers to perform non-mortgage related appraisals and easily comply with the new guidelines. They are a great solution for non-mortgage related appraisals.”
Appraisers will like the flexibility of the new AI Reports™. “A lot of users will like the ability to add pages within the report. This is different from the standard Fannie Mae forms, which are fairly set in stone,” said Francisco Duran, Chief Forms Designer at Bradford Technologies who participated in the development of the forms. “A lot of appraisers have been asking for this, so it’s obvious that the Institute really listened.”
In this release, ClickFORMS users will be receiving version 2.0 of the AI Reports which includes the Residential Summary Report, the Residential Restricted Report and Land Report.
“We’re pleased with how well our relationship with the Appraisal Institute is going.
We’ve been endorsing their efforts for a long time and are very pleased to be able to actively participate in the development of these forms.” said Jeff Bradford.
For more information on the new AI Reports, visit the Appraisal Institute website at www.appraisalinstitute.com or Bradford Technologies at www.bradfordsoftware.com.
About Bradford Technologies
Located in Silicon Valley, Bradford Technologies has been providing world-class appraisal software for nearly twenty years. Its flagship product, ClickFORMS, is known for its intuitive interface and hassle-free reliability. It is the only appraisal software package to earn the coveted Microsoft "Designed for Windows XP" certification. As a result, Bradford Technologies' customers are amongst the most productive appraisers in the nation.
*Leland Trice’s comments arecourtesy of AppraisalBuzz and are reproduced with permission.
Software Integration Improves Work Flow
for Residential Appraisers Using ClickFORMS
FOR IMMEDIATE RELEASEContact Information:
Bradford Technologies, Inc.
Tel: 408-360-8520
Los Angeles – September 20, 2005 Joining forces to create the most comprehensive software package for residential real estate appraisers, Bradford Technologies, Inc. and Marshall & Swift® have integrated their acclaimed ClickFORMS™ and SwiftEstimator™ applications.
The convenient and easy-to-use integration enables users to quickly complete Standard, Short, Input Listing and Depreciation cost reports, as well as Form 1007 for FHA and HUD appraisals for single-family and low-rise multi-family residences. With one click, users can produce entire cost approach reports. SwiftEstimator automatically produces reports using property information already entered into ClickFORMS.
“We’re really excited about the seamless integration with SwiftEstimator. We feel that our customers will greatly appreciate the ease and convenience of this added feature in ClickFORMS. The cost approach is a detailed and complicated appraisal method, and can be quite frustrating to both seasoned professionals and new appraisers just entering the field. These are busy times, and the better we can streamline the appraisal process, the better the rewards will be for our customers.”
Sometimes underestimated, the role of the cost approach in modern appraisals in unmistakably significant. Beyond its use an independent method to determine property value, the cost approach presents a highly effective way to verify market-based valuations, project construction costs, adjust estimates to account for unique physical property features, and monitor the local real estate market. It is also extremely useful in determining depreciation values for physical deterioration or functional or external obsolescence, as applied to the market approach.
Linda Jovanelly, Director of Integrated Services Group with Marshall & Swift says: “As an added feature to the ClickFORMS suite of appraisal tools, the integration with SwiftEstimator offers instant access to our real-time cost databases and automated calculation technology. ClickFORMS users can now produce cost approach reports for any subject property in a fraction of the time.”
An online cost estimating application, SwiftEstimator determines the value of any site-built or manufactured residence through property-specific information on building style, quality level, square footage and ZIP Code. The application produces entire cost approach reports in minutes using Marshall & Swift’s acclaimed cost data. One of the most widely used appraisal software packages, ClickFORMS enables appraisers to acquire, analyze, present, store and transmit completed appraisal reports in an easy, standardized format.
Together, these applications offer the ultimate software solution for residential appraisers.
About Marshall & Swift
Owned by MacDonald, Dettwiler & Associates Ltd. (TSX: MDA), Marshall & Swift has been a leading supplier of residential and commercial cost data for the appraisal, assessor and property insurance industries for over 70 years. The company started as a data publishing company in 1932, matured into a software development company, and is now the leader in providing on- line applications and services for its expanding customer base. For more information, please contact Linda Jovanelly at 800-421-8042 ext. 2706 or visit Marshall & Swift’s Web site at www.marshallswift.com.
About Bradford Technologies
Bradford Technologies, Inc., has developed and sold software for the real estate appraisal industry since 1987. Located in California's Silicon Valley, the world center of high technology innovation, Bradford Technologies is the world leader in appraisal software.
For more information Website at www.bradfordsoftware.com.
