How do you make sure your bank is staying competitive and thinking strategically about the services you provide? If you’ve found yourself on the hunt for key comparative financial data but are coming up short with commercial appraisal resources, you are not alone. We hear you and have compiled today’s Benchmark Report to help your bank breakaway from the pack.
Our team is dedicated to finding new ways to provide value to our customers and helping you to stay ahead in your space. That’s why we’ve made a commitment to share industry metrics with you each quarter to empower your bank’s’ decision-making process — whether that is determining the right appraisal fees or ensuring your appraisal turn times are staying competitive in the market.
As our co-founder has said, “Benchmarking is critical to business processes.” When you know where you stand across the industry you can start to improve operations, customer service, and your position in our financial marketplace.
In our latest benchmark report, you’ll get clarity on:
- Appraisal value increases quarter over quarter
- Turn times and fees by state for commercial appraisals
- Commercial appraisal fees by appraised values
- Four-year trend analysis of turn times, fees, and appraised values
- CRE turn times and fees for various property types and values
Ready to see how your appraisal process compares across different states, regions and the entire country? Save your copy of this free report to have a go-to resource on appraisal management’s never-ending questions.