Previously, our company used a commercial report writing software, which was a step up from starting appraisals from scratch in Word. However, we identified several areas for improvement. The software was embedded in complex Excel workbooks that were difficult to navigate, forced us to use their report formats, had check-in and check-out limitations preventing simultaneous collaboration, lacked built-in Argus-type valuation models for complex properties, and took a long time to upload into the final Word document. To overcome these challenges, we custom-programmed a software solution with ValueXpose. This new software has eliminated all these obstacles, resulting in a 30% to 40% increase in production per appraiser. Additionally, the International Analysis Program has saved our company thousands of dollars per appraiser in labor costs per appraisal.
