If you are dissatisfied with the comparative market analysis and property appraisal, you can always turn towards a cost-effective alternative such as broker price opinion. Experts like us provide drive-by broker price opinion and internal broker price opinion so that lenders can refinance the mortgage or process foreclosure depending on the property location, neighborhood sales trend, comparable listing and repair costs.
At Flatworld Solutions, we have set an example by serving lenders with BPO service that can be relied on to win the listing. The broker price opinion is considered as an accurate way of estimating the collateral value in the current markets. The assessment is cost-effective and concise to get actionable data on the listed property. We diligently order, track and improve your profitability through broker price opinion services.
Broker Price Opinion Support Services We Offer
Flatworld offers a broad range of broker price opinion services that meet the need of every lender and it can also help property owners who are looking for a change in ownership. The list of broker price opinion services we provide are as follows -
Ordering Broker Price Opinion
We can order broker price opinion by representing lenders. We leverage BPO ordering tools to keep track of broker price opinion orders. Our services can speed up the valuation by working round-the-clock. By adhering to regulatory compliances of property appraisal we join hands with real estate agents to streamline the mortgage BPO and provide ultimate satisfaction to your mortgage clients.
Tracking the Status of BPO
By using tracking software, we closely monitor your BPO orders to check the status of payment. We routinely create reports that outline the detailed aspects of the property valuation. At FWS, we use advanced CRM systems as well as document management system to enhance the accuracy of the reported value. With this service, the marketability of your non-performing or underperforming assets can be increased.
Mortgage BPO Data Entry
To provide an accurate estimation of the broker price opinion it is important to stay within reach of all supporting documents and data. We maintain a database of property portfolio for evaluation. All comparable real estate data including ownership history, photos, location details, and other miscellaneous information is documented for effective comparison.
Report Creation & Review
After completion of the BPO mortgage reports by real estate agents, we perform quality checks to ensure it is reliable and accurate. The reporting methodology is reviewed to understand if the compliances are met and if the other attributes such as renovation estimates, trending market rates, and cost of similar listing in the neighborhood are considered. After complete evaluation we analyze the comments jotted down by the real estate agents. All that, at a fraction of the cost, to ensure a fair market value of the collateral is reported through broker price opinion reports.
Broker Price Opinion Support Services Process We Follow
To get a fair market value of the real estate it is insufficient to look up to simple property appraisal. You may end up with slack estimates with only partially justifying value. With our solution, you can broaden the understanding of various parameters that affect your property's market value. The process behind broker price opinion is a transparent one where you can have complete visibility of the methods we follow to bring you actual numbers. The methodology is as follows -
Work Initiation
Once the lender orders a broker price opinion services, we appoint the task to a professional broker operating within your suburb
Follow Up
Our team will coordinate and track the status of evaluation by routinely pinging the contracted broker for updates
Broker Price Opinion Review
Once the report is obtained from the broker, we review its content to ensure the accuracy of observed details such as property attributes, the market value of similar listings, external & internal photographs, tax history, etc.
Data Entry
After completion of the review, the final data is recorded in the service system for marketing or mortgage purpose. We diligently document the reported details to avoid documentation errors
Why Choose Broker Price Opinion Support Services from Flatworld Solutions?
Partnering with Flatworld comes with tremendous benefits as we have over 20 years of experience in an array of mortgage services. Working with us is and straightforward when you outsource mortgage broker price opinion services because we do not burden our clients with an upfront cost, and all our services come with quality assurance to give you the best value. We also offer man other benefits that are as follows -
Certified Broker Price Opinion Company
Flatworld Solutions is an ISO 9001:2015 certified company with a recommendable past of helping lending institutions to leverage our broker price opinion services to negotiate with their clients. We offer high-quality mortgage BPO that will help you to correctly assess the market-worthiness of the collateral while being compliant with the regulatory compliances.
Data Security
At Flatworld Solutions we are ISO/IEC 27001:2022 certified and we follow the latest security guidelines that will let us maintain the confidentiality of your mortgage data and files. We appoint brokers and agents who are signatories of the Non-disclosure agreement to work the evaluation to prevent misuse and mismanagement of your collateral data.
High Accuracy and Quality Service
We handle the broker price opinion requirements with precision so that your team can process mortgage applications faster and face minimal financial risks. Our brokers verify the property layout and other facets to ensure it has the merits to qualify for a mortgage loan.
Short Turnaround
From running evaluation and quality checks to submission of reports we complete the process in fleeting time so that you do not have to keep your clients waiting. With a team of experienced mortgage analysts and property appraisal professionals, we can present a reliable report 30% faster than any other provider.
Scalability
Whether you wish to scale up or scale down your business we can offer the best BPO support so that your customers will feel satisfied with the quality of assessment as well as the loan to value (LTV) ratio. Being a leader among broker price opinion companies we constantly optimize our efforts to understand what your business needs before scaling up by 50% under an intense workload.
Pocket-friendly Pricing Options
If budget constraints are keeping you away from outsourcing broker price opinion, fret not! We offer services that are easy on your budget and can be tailored to your specific needs so that you can save 30% of your operational expenses. Explore a range of customized plan that suits your business capacity and service.
Single-point Contact
If you are unfamiliar with the service workflow or if you need constant updates we got you covered. Can skip the indefinite wait to reach us and get our help in an instant. Along with our services we also provide a dedicated subject matter expert who will assist you in the best way to help you understand the status of broker price opinion service.
Experienced Team of Appraisers, Real Estate Agents, and Mortgage Advisors
We make your association with us a risk-free experience because we have the best professionals on board. Our team includes licensed appraiser, mortgage advisors, and real estate agents who are familiar with the locality, the surrounding geography, and the health of the real estate market.
Modern Infrastructure
We have the best in-house infrastructure that will accelerate the process of refinancing with ultimate accuracy. Our infrastructure includes a gamut of mortgage broker price opinion services tools for data capture, analysis, and storage.
Data Entry Software & Tools
Being a technology-driven company, we constantly take the path of innovation to automate resource-intensive tasks that do not require the attention of the knowledge worker. Be it form-filling, ordering broker price opinion, or tracking reports we have custom software for each of these purposes that will accomplish the task with maximum precision.
Secure Data Exchange
We handle your data with care to mitigate the risk of data loss or mismanagement. Our secure network is cloud-based, and we employ secure FTP and VPN for sharing data. This will not only make sure your data reaches our end through a secure network but also allows simplified access and management through the access-controlled digital account.
Round-the-clock Availability
Get supported by our team on a 24X7X365 basis. We can be reached via phone, email, or chat services to get support for any problems you face.
Outsource Broker Price Opinion Support Services to FWS - Leader in Mortgage Solutions
Broker price opinion is a leading sub-service that is offered by Flatworld Solutions as part of our mortgage services. Our 20 years of experience in mortgage domain has through us valuable lessons in dealing with complex lending challenges. With insights, we constantly improve our strategy to resolve every new challenge that arises within the domain.
Our perseverance has led to several success stories with happy experiences. If you want to reduce lending risks and increase client satisfaction you need the help of experts like us. We also offer other mortgage solutions such as mortgage appraisal for companies, mortgage closing support for lenders, title services for companies, and more.
Get in touch with us if you require high-quality broker price opinion services to enhance your focus on sage lending practices.
Our Customers
Case Studies
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Flatworld's Automated Solution - MSuite Reduced Loan Closing Time Significantly for a US Client
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FWS Used its Tool, MSuite, to Enable a Leading Mortgage Company Streamline its Processes
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FWS Used its Tool, MSuite, to Enable a Leading Mortgage Company Streamline its Processes
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FWS Automated the Data Indexing and Extraction Process Using its Tool, MSuite, For a Top Mortgage Company
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Flatworld Automated Underwriting Processes for a Leading US Residential Lender
USA
Flatworld Solutions
116 Village Blvd, Suite 200, Princeton, NJ 08540
PHILIPPINES
Aeon Towers, J.P. Laurel Avenue, Bajada, Davao 8000
KSS Building, Buhangin Road Cor Olive Street, Davao City 8000