The Future of Valuation

The valuation segment of real estate is the critical driver to understanding the marketplace, and how profound the changes could ultimately be. Lenders, insurance companies, corporations and the legal industry all rely on collateral valuation to quantify risk and to hedge potential losses.

If real estate has lagged other industries in its drive to integrate technological and data standardization, then valuation and standards within valuation space represent the final frontier.

With our strategic partner McDonald Dettwiler and Associates, one of the world’s leading information services firms, Valuescape is positioned to thrive in an often chaotic and unpredictable valuation environment.

So where is valuation going?

Valuescape is inventing Valuation 2.0; not only acknowledging the changes that are propelling our profession-but participating in the initiatives that will define how collateral is valued and understood in the broader context of the marketplace. Furthermore, we have an appraiser-centric perspective that encourages the integration of appraisal expertise and fully realized data analysis.

Ultimately, the answer to where valuation is going is a revolutionary change with the appraisal paradigm. Appraisers and related industry professionals are demanding more and better data. They need data sifted, analyzed and pushed to them. Alternative information should be suggested and presented. Adjustments should be extracted from the market and offered to the appraiser. All of the essential data necessary for whole market analysis should be provided to enable a more complete understanding of the subject and its market. It’s all about putting the appraiser in control, and leveraging the available data and technology to empower the appraiser and benefit their clients.