Appraisal Insights
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March 12, 2024

Nationwide Property & Appraisal Service

Discover Nationwide Property & Appraisal Service, your go-to for excellence in valuation and risk management.

Introduction to Nationwide Property & Appraisal Services

Nationwide Property & Appraisal Services (NPAS) is a leading Appraisal Management Company (AMC) that has established a strong presence in the industry. As the first licensed AMC in the country, NPAS has built a reputable name for itself over the years.

The Leading Appraisal Management Company

As stated by Nationwide AMC, NPAS has consistently earned the top ranking in service, turnaround time, and quality, according to appraisers and clients alike. This recognition highlights their commitment to excellence and their ability to deliver exceptional results.

Established History and Reputation

NPAS was founded in 2008, making it the first-ever licensed AMC in the entire country. Initially operating as a regional AMC in the Northeast, NPAS expanded its reach across the East and West coasts through partnerships with wholesale and retail clients. By collaborating with other regional AMCs, NPAS enhanced its coverage, management team, and collective culture, as mentioned by Nationwide AMC.

Throughout its history, NPAS has continuously focused on being more than just a name. They strive to provide nationwide coverage, culture, and community, ensuring that their services are accessible and beneficial to clients and appraisers across the country.

Furthermore, NPAS has grown significantly through strategic acquisitions. They have acquired multiple regional AMCs nationwide, expanding their operations and making a mark in states like Oregon and Minnesota. By 2021, after closing their fifth acquisition, NPAS conducted more appraisals in these states than any other privately held AMC, showcasing their dedication to nationwide service.

In addition to their commitment to excellence in operations, NPAS places a strong emphasis on communication and building relationships. They value open and effective communication throughout the appraisal process, considering it a key element in maintaining strong partnerships. By establishing close relationships with clients and appraisers, NPAS aims to build trust and ensure consistent delivery of high-quality appraisals.

NPAS also understands the importance of integrating their appraisal software with various Loan Origination System (LOS) platforms. By doing so, they contribute to efficient processes and seamless operations for their clients. They provide prompt responses to any questions related to specific LOS systems, ensuring smooth interactions and streamlined workflows.

Overall, Nationwide Property & Appraisal Services has made a significant impact in the industry as a leading AMC. Through their established history, commitment to excellence in operations, and dedication to nationwide coverage and service, NPAS continues to provide reliable and top-notch appraisal management services to clients across the country.

Services Provided by Nationwide Property & Appraisal Services

Nationwide Property & Appraisal Services LLC (NPAS) offers a range of comprehensive services to meet the appraisal needs of financial institutions, mortgage bankers, brokers, and direct consumers. With a commitment to excellence and nationwide coverage, NPAS ensures accurate and reliable property appraisals. The services provided by Nationwide Property & Appraisal Services include:

Appraisal Management Services

NPAS specializes in providing appraisal management services, ensuring a streamlined process for ordering, managing, and delivering property appraisals. As a leading appraisal management company, NPAS collaborates with a network of experienced appraisers to ensure reliable and accurate property valuations. By leveraging advanced technology and industry expertise, NPAS simplifies the appraisal process, saving time and reducing potential errors.

Desktop Appraisals

In addition to traditional on-site appraisals, NPAS offers desktop appraisals. These appraisals are conducted remotely, utilizing data and information available through reliable sources. Desktop appraisals provide a cost-effective and efficient alternative to on-site inspections, making them a valuable option for certain appraisal needs. NPAS ensures that desktop appraisals are conducted by qualified appraisers who possess a deep understanding of the local real estate market.

Broker Price Opinions

Nationwide Property & Appraisal Services also provides broker price opinions (BPOs). BPOs are comprehensive reports that estimate the value of a property based on the expertise of local real estate professionals. BPOs can be a useful tool for various purposes, including loan modifications, short sales, and property valuations. NPAS delivers accurate and timely BPOs, enabling clients to make informed decisions regarding property transactions.

By offering appraisal management services, desktop appraisals, and broker price opinions, Nationwide Property & Appraisal Services caters to the diverse appraisal needs of its clients. With a commitment to accuracy, efficiency, and nationwide coverage, NPAS ensures that clients receive reliable property valuations to inform their financial decisions.

Nationwide Coverage and Appraiser Network

As a leading appraisal management company, Nationwide Property & Appraisal Services (NPAS) offers nationwide coverage and a vast network of competent appraisers. Their commitment to providing comprehensive coverage ensures that clients across the country can rely on their services with confidence.

Geographically Competent Appraisers

NPAS takes pride in their extensive network of appraisers who possess a deep understanding of their respective local markets. With over 10,000 satisfied clients, NPAS ensures that their appraisers are geographically competent, allowing them to provide accurate and reliable appraisal services nationwide.

Enhanced Coverage through Partnerships

Over the years, NPAS has strategically expanded its coverage by partnering with other regional appraisal management companies (AMCs). Through these partnerships, NPAS has not only increased their coverage but also strengthened their management team and fostered a collective culture. This commitment to collaboration and growth has contributed to their ability to serve clients across the nation [2].

Commitment to Nationwide Service

Being "Nationwide" is not just a name for NPAS; it is a core principle that guides their operations. They prioritize providing their appraisal services to financial institutions, mortgage bankers, brokers, and consumers directly throughout the country. By maintaining a strong and expansive appraiser network, NPAS ensures that clients can access their services regardless of their location.

In addition to their commitment to nationwide coverage, NPAS places high importance on fostering strong relationships with their clients. They prioritize communication, ensuring that clients receive prompt responses to any inquiries or concerns. NPAS's appraisal software also integrates seamlessly with all Loan Origination System (LOS) platforms, contributing to efficient processes and streamlined operations for their clients [2].

With a proven track record of excellence and a commitment to providing comprehensive coverage, NPAS continues to be a trusted partner for appraisal management services nationwide.

Commitment to Excellence in Operations

At Nationwide Property & Appraisal Services, commitment to excellence in operations is a top priority. They have consistently achieved the #1 ranking in service, turnaround time, and quality, as recognized by both appraisers and clients [2]. This commitment sets them apart as a leading appraisal management company.

#1 Ranking in Service, Turnaround Time, and Quality

Nationwide Property & Appraisal Services (NPAS) takes pride in their exceptional performance. They have earned the top spot in service, turnaround time, and quality, as acknowledged by many lenders and satisfied clients. This recognition reflects their unwavering dedication to providing outstanding service and delivering accurate, timely appraisals [1].

Focus on Communication and Relationships

NPAS recognizes the importance of communication in maintaining strong relationships with both clients and appraisers. They understand that effective communication is the foundation of any successful partnership. Throughout the appraisal process, NPAS prioritizes clear and prompt communication to ensure that all parties involved are well-informed and have their questions and concerns addressed. By fostering strong relationships with clients and appraisers, NPAS builds trust and ensures consistent delivery of high-quality appraisals [2].

Integration with LOS Systems

Efficiency and seamless operations are key priorities at NPAS. Their appraisal software integrates with all Loan Origination System (LOS) systems, streamlining the appraisal process. This integration allows for efficient information exchange and contributes to a smooth workflow. Clients can rely on NPAS for support and guidance regarding their specific LOS system, as they are committed to providing prompt responses and assistance.

By consistently achieving top rankings in service, turnaround time, and quality, prioritizing communication and relationships, and integrating with LOS systems, NPAS demonstrates their unwavering commitment to excellence in operations. This commitment ensures that clients receive exceptional service, appraisers have a positive experience, and the appraisal process is efficient and accurate.

Accreditation and Customer Feedback

Nationwide Property & Appraisal Services, LLC takes pride in its commitment to excellence and customer satisfaction. This is evident through its accreditation and positive customer feedback.

Better Business Bureau Accreditation

Since 2014, Nationwide Property & Appraisal Services, LLC has been accredited with the Better Business Bureau (BBB) [3]. This accreditation demonstrates the company's adherence to high standards of ethical business practices and commitment to resolving customer concerns promptly and professionally.

A+ Rating and Positive Customer Review

Nationwide Property & Appraisal Services, LLC holds an impressive A+ rating from the Better Business Bureau. This rating reflects the company's commitment to maintaining a strong relationship with its customers and delivering quality services.

Furthermore, as of the BBB report update on December 15, 2021, Nationwide Property & Appraisal Services, LLC has received one positive customer review and had no complaints closed in the last 12 months [3]. This positive feedback highlights the company's dedication to providing exceptional service and meeting customer expectations.

Commitment to Customer Satisfaction

Nationwide Property & Appraisal Services, LLC places a strong emphasis on customer satisfaction. The company strives to exceed client expectations by delivering accurate and timely appraisal services. Their commitment to building strong relationships with their customers is evident through their focus on effective communication and responsiveness to client needs.

By prioritizing customer satisfaction, Nationwide Property & Appraisal Services, LLC aims to ensure a positive experience for every client. Their dedication to excellence and commitment to meeting customer expectations sets them apart in the appraisal management industry.

The Better Business Bureau accreditation, A+ rating, and positive customer feedback all testify to the exceptional service and customer-centric approach of Nationwide Property & Appraisal Services, LLC. Clients can have confidence in their choice of an appraisal management company that is dedicated to delivering high-quality services and ensuring customer satisfaction.

Introduction to Nationwide Property & Appraisal Services

Nationwide Property & Appraisal Services (NPAS) is a leading Appraisal Management Company (AMC) that has established a strong reputation in the industry. Since its establishment in 2008, NPAS has been dedicated to providing excellent appraisal management services to its clients.

The Leading Appraisal Management Company

NPAS is consistently ranked number one by appraisers and clients in terms of service, turn-time, and quality. This recognition is a testament to the company's commitment to excellence and its focus on delivering top-notch services to its clients.

Established History and Reputation

With its founding in 2008, NPAS was the first AMC to be licensed in the country. Initially operating as a regional AMC in the Northeast, the company expanded its operations to the East and West coasts through partnerships with wholesale and retail clients. Over the years, NPAS has grown and expanded its coverage across the nation, acquiring other regional AMCs to enhance its coverage, management team, and collective culture [2].

Services Provided by Nationwide Property & Appraisal Services

NPAS offers a range of services to meet the diverse needs of its clients in the real estate industry. These services include:

Appraisal Management Services

As an AMC, NPAS provides comprehensive appraisal management services. Through their extensive network of appraisers, they ensure timely and accurate appraisal reports for their clients. By managing the appraisal process, NPAS streamlines operations and ensures compliance with industry standards.

Desktop Appraisals

In addition to traditional appraisals, NPAS also offers desktop appraisals. These appraisals are conducted remotely, using data and information available online. Desktop appraisals provide a cost-effective and efficient alternative for certain types of properties and situations.

Broker Price Opinions

NPAS also provides broker price opinions (BPOs) to assist clients in determining property values. BPOs are assessments conducted by real estate professionals to provide an estimate of a property's market value. This service is particularly useful for clients looking for a quick valuation or in situations where a full appraisal may not be necessary.

NPAS offers these services nationwide, catering to financial institutions, mortgage bankers, brokers, and even consumers directly [3].

With NPAS, clients can expect reliable and professional appraisal management services that meet their specific needs. The company's commitment to excellence and its wide range of services make it a trusted partner in the real estate industry.

References

[1]: https://www.nationwideamc.com/

[2]: https://www.nationwideamc.com/about

[3]: https://www.bbb.org/us/nj/gibbsboro/profile/estate-appraisal/nationwide-property-and-appraisal-services-llc-0221-90042919