Lenders now have the benefit of choice when it comes to desktop valuations. PriceFinder, a 100% Australian owned property data company, now offers desktop report functionality as standard for valuers who subscribe. With a new open solution now available for generating desktops, lenders can work directly with any panel valuer they wish.
According to Kent Lardner, Chief Operating Officer of PriceFinder;
“By removing the middleman, valuers and lenders can set their own price for desktops. This flexibility will also improve margins for valuers who have had to split fees with a third party for many years.”
PriceFinder includes a price estimation tool as standard with its property data subscription service. The new desktop functionality allows valuers to customise the report and include a Valuer Desktop Scorecard. This indicates the overall confidence of the desktop estimate in conjunction with other market factors.
“Desktops have been widely used by a number of lenders in Australia. Performed by local and qualified valuers, desktops offer substantially better results than AVMs” Kent said.
Open Desktops will help increase the aggregate pool of valuers available to offer these services, overcoming the cost inefficiencies of only having a single supplier.
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To find out more about PriceFinder Desktop Valuations or PriceFinder membership, please phone 1300 665 177 or email info@pricefinder.com.au.
