Thursday, March 19, 2009

New Method and Group is Created to Combat Fraud and Ensure Accuracy of Real Estate Evaluations

Old methods of valuing residential properties being replaced by technology, seperation and fourth party evaluation. The New Triad Method (TM) of Valuation removes the risk for mistakes and fraud in valuing residential properties.Good bye to single party "appraisals" and "broker price opinions".

Our methodology involves the use of three licensed and insured professionals - each with separate specialties

Denver, CO (PRWEB) March 19, 2009 -- To meet the critical demand for objective and professional real estate valuations, a nationwide team of professionals has been created, along with a new and improved evaluation approach.

Residential Valuation Specialists® (RVS) is a one-stop resource for all single family, condominium and loft residential valuation needs. With more than 600 registered agents in all 50 states, RVS® offers real-time valuations of residential properties in any city in America, and uses the proprietary Triad Method™ of evaluation.

Expert fourth party Triad Method™ evaluations replace "individual broker opinions" and "individual appraiser opinions" for the most accurate valuation available in the marketplace. These advanced valuation approaches are used to resolve problems related to lender asset portfolios, court-ordered mortgage valuations, equitable divorce settlements and partnership dissolution, reworking of home loans, and various other types of property litigation.

The results are swift, accurate, cost effective, and reflect the kind of fresh, real-time data required in this rapidly fluctuating and unprecedented real estate environment.

Residential Valuation Specialists® offer expert property valuation services nationwide based upon a trademarked Triad Method™ of valuation that is designed to ensure the most accurate estimate of actual value. The service includes:

1.   A full competitive market analysis completed by a licensed REALTOR® Member of the National Association of REALTORS®
2.   A certified appraisal provided by an insured residential real estate appraiser who is licensed in the state of review and specializes in the specific city where the property is located.
3.   A Residential Valuation Specialist® review of the specific property's prior sales, adjusted by fluctuating market data since the sale date(s) and adjusted for current condition.

The information is then reviewed by a senior member of RVS® and a recommended value is provided. All parties are independent and valuations are not shared between the individuals.

Traditional BPO's (Broker Price Opinions) and Appraisals offer "opinions of value" with no cross checks and no second/third party evaluations, so those opinions carry the potential risk that they can be influenced by motivated parties who may have powerful conflicts of interest. Unethical exertion of influence or lack of strict and objective oversight and verification led to the current economic crisis, particularly in regard to values assigned to real estate and mortgage assets.

"Our methodology involves the use of three licensed and insured professionals - each with separate specialties," explains RVS® founder Jeffery Hammerberg. "History has shown that individual appraisals and broker opinions can vary vastly, depending on the appraiser or broker used and the consistency of information provided. The cost of the Triad Method services is minimal, considering the potential damage in terms of lost revenue that may run into the tens of thousands of dollars and can occur when relying upon a traditional individual evaluation that may be inaccurate."

A Triad Method™ evaluation may be ordered conveniently on-line and is delivered via "Green Technology" within 14 days, or 7 days as rush delivery.

For more information, please visit the official RVS® Web site at http://www.ResidentialValuationSpecialists.com or call 1-888-420-6683.

See Also:

[Via Legal / Law]

No comments: