The valuation profession faces changes as profound as any in its history. While change defines every profession and all sectors of society, it is clear that market forces have driven home the point that collateral valuation matters.
Loan Generation Application and Market Outreach
“Say hello to drone technology” (coming soon)
Of customers indicate they would not hesitate to change financial services providers if they found one that offered a better online/digital offer/experience.
Of millennials are most likely to share content on Facebook, than GenXers 45% and baby boomers 43%.
Of consumers globally go online first if they are looking to buy a new product or service.
Of all adult Americans use Facebook. 88% 19-29; 79% 30-49; 61% 50-64.
Or more of new inflow revenue will be attributed to digital in the next five years.
Of all closed loans in February 2017 came from millennials.
Of all browser’ searches in RealtyTrac’s web site came from millennials.
Customer satisfaction
Likely to stay/renew
Willingness to recommend
Less likely to cancel/churn
The valuation profession faces changes as profound as any in its history. While change defines every profession and all sectors of society, it is clear that market forces have driven home the point that collateral valuation matters.
Appraisers have to navigate a flood of data as never before. Here are five ways advanced analytics is influencing technology.
This article examines how GIS can be incorporated in the valuation process to give appraisers a spatial perspective of data.