Active Allocation: our latest valuation innovation
CoreLogic Desktops now features a new Active Allocation engine, powered by historical valuation data. It’s designed to improve the allocation process for lenders and their customers, while at the same time helping drive valuer efficiency.
When a CoreLogic Desktop is ordered, the Active Allocation engine:
- identifies whether a firm on the lender’s desktop panel has completed a full valuation for the property within the configured timeframe for that lender and allocates the CoreLogic Desktop to the matched firm
- retrieves the firm’s data and photos from the previous valuation and displays it to the valuer in the ValConnect platform
Improve efficiency across all market segments
Drive efficiency through your valuation fleet with CoreLogic Desktops – now available for residential, rural and commercial properties with customisable templates and reports for desktops, kerbsides, full valuations and constructions reportseach market segment.
Improved “Time to Yes”
The time required for loan approval is arguably the biggest pain point for bankers and brokers, and is often held up by a lengthy valuation process. CoreLogic Desktops offer alternative service types with an industry-leading turnaround time of approximately 4 hours on average for CoreLogic Residential Desktops. Secure more customers and be ahead of the market by reducing turnaround times and providing “same-day” loan approval.
Reduce Valuation Costs
CoreLogic Desktops offer a cost effective solution to complete the valuation process, with the cost per assessment being approximately 55% cheaper than full valuations, when comparing CoreLogic Residential Desktops to full residential valuations. Get the most out of your portfolio by including CoreLogic Desktops as part of your valuation strategy.
With visibility across over 90% of all residential mortgage valuations, CoreLogic is in the unique position to benchmark performance of CoreLogic Desktops vs full valuations. Quarterly benchmarking and reporting shows the accuracy of CoreLogic Residential Desktops is comparable to full valuations when indexed to recent sale prices. Maintain a strong risk portfolio whilst gaining a competitive edge with accurate CoreLogic Desktops.
Fully Managed Product
CoreLogic Desktops are a fully managed product with strong operational controls to ensure optimal panel performance and consistency across all panel firms. CoreLogic ensures all suppliers are trained on the ValConnect platform prior to completing any assessments.
Industry best property data, imagery and market insights, including detailed information and imagery for the subject property with comparable sales, and local market and demographic trends and insights, providing the valuer the most up-to-date data at the point of analysis to ensure an accurate and consistent assessment.
Built-in compliance checks and validations designed to provide valuers with notifications as they progress through the report template, ensuring the report is completed in the most efficient manner whilst adhering to all relevant compliance policies and maintaining consistency.
Embedded user analytics tool provides granular reporting on specific user interactions, escalations and cancellations, delivering valuable insights into user behavior and granular data points for reporting.
All data within the ValConnect platform is secured with a wide variety of measures to ensure that the environments and networks are kept secure at all times with encryption at rest and in transit.
Buy with Confidence
CoreLogic data is trusted by real estate companies, corporates and government departments throughout Australia.