You have Q’s. We have A’s.
What does Eval.com do?
We provide lenders with real estate evaluation reports for use in federally regulated lending transactions. Our 'evals' are compliant with the 2010 Interagency Appraisal and Evaluation Guidelines. Our reports are prepared by qualified analysts, working under the close supervision and guidance of certified appraisers. We utilize the best market and property specific data available and as the result of utilization of in-house appraisers, our final product is the highest quality available in the market place.
Does Eval.com work in my area?
Well that depends! Eval.com is gaining traction daily. Our clients are asking us to cover all US markets, urban and rural alike. Our appraisers are tasked with sourcing data in every area we receive an order. With a strong presence in middle America, Eval.com excels at 'small town' evaluations in 'fly-over' states. Give us a call and tell us about your evaluation needs and we might just prioritize your market next! If you're an MAI appraiser or certified general looking for your last job, we'd like to talk to you.
What are your coverage areas?
We're glad you asked! We are soon to be in all 50 states. At this time, simply make an inquiry through our contact us button, and we will let you know if our coverage has extended to your market. Please keep checking back because before you know it, you'll be ordering dozens of evaluations every day from Eval.com across your entire lending footprint.
What are fees and turn times for your evals?
Eval.com’s fees are competitive and vary based on the property type and assignment complexity. We target a 5- to 7-business-day turn time on orders received by 1 pm. Where market data is plentiful, we meet our target 95% of the time. If data is scarce, we reserve the right to extend a day or two. In any circumstance, Eval.com will either deliver in within 7 business days or promptly inform client that the data does not exist to satisfactorily complete the assignment to Eval.com's rigorous standards. We know quality counts and Eval.com will always prioritize delivering a quality product, each and every time.
Does Eval.com employ appraisers?
Yes and yes! Eval.com is looking for the best and brightest appraisers nationwide who are not afraid to think outside of the box and dive into this industry. We are growing and are seeking appraisers of all stripes and backgrounds to join our ranks. Our regional MAI appraisers provide data procurement, market analysis, and oversight to our analysts. They learn markets and market trends and stay on top of real-time analytics in an effort to make sure that the best information available in the marketplace is finding its way into our reports. Our staff appraisers are usually those willing to think forward and do something different than just day-to-day report work. The opportunities we offer far exceed what is typical of this industry - to find out more, just ask!
As a lender, what can I do to help bring Eval.com to my market?
Just give us a call. We are growing daily and if you express interest and have some loan volume that qualifies for evaluations, give us a try. Relationships take time and the sooner we start ours, the sooner we will have 20 years of mutual success. Whether you are a small community bank or a super-regional bank, the more we can learn about your demand the sooner we can prepare to meet it. Our first evaluation is free and if we are already operating near some or all of your existing footprint, odds are we will be a solid choice providing you with evaluations that do more than just check a box...but provide real credit solutions that help you and your customers sleep at night.
What about liability and insurance?
Eval.com handles all evals from start-to-finish and accepts all liability for the work product. Additionally, our E&O insurance covers our organization and work product (the first policy of its kind in the country). It took years to create this model and we are confident you are just moments away from making a great decision to join forces with the greatest evaluation platform the lending industry has ever had the chance to embrace.