Jared Bonner, CEO of AppraisalPro, a full service, national Appraisal Management Company (AMC) in Kernersville, NC discusses why AppraisalPro chooses a TrakLogix investment for their 2014 appraisal management software.
Being an appraiser himself, Jared is familiar with the frustrations of the current crop of appraisal management software. TrakLogix®, developed by MindStorm Media Inc., is an in-house platform for commercial and residential real estate appraisal management developed precisely for the appraisal management industry. TrakLogix® was built from the ground up to be accessible on the go and keep appraisals organized and easy to track.
“This software helps my AMC stay on top of its business with integrated key metric reporting, vendor tracking and scoring, real time communication, integrated appraisal and document quality control, and electronic delivery. The software is highly customizable and is perfect for AMC’s, banks, credit unions, brokerage firms, mortgage firms and appraisers,” says Bonner.
“AppraisalPro plans to utilize TrakLogix® in 2014 for the vast majority of our appraisals. TrakLogix® offers full record documentation, helping us maintain compliance with the ever changing government regulations such as Dodd Frank and FHA (Federal Housing Administration). It is scalable and customized to our company with private label branding, flexible payment options and a set-up concierge so we were up and running quickly and efficiently.”
AppraisalPro plans to invest in leasing TrakLogix® on a monthly, pay as you go basis throughout 2014. “This works exceptionally well for us because order volume fluctuates throughout the year. With TrakLogix®, AppraisalPro will only pay for the amount of orders we have instead of being tied to a contracted monthly amount.” Jared says.