We understand the significant role that appraisers have in property valuations, and the importance of your expertise in the process. In the existing environment, you face risks like eroding fees, aggressive turnaround times, decentralized data, and the threat of litigation.
FCT’s Valuation Solutions modernizes the appraisal management process. Our technology creates efficiencies and reduces the need to travel by offering access to reliable third-party data. We use a cascading model that interprets data in real-time, with the added protection of no-fault valuation insurance* when using FCT approved field technicians. Together, with our valued appraisal partners we can provide lenders with optimal solutions for every level of qualifying parameter—ensuring they are getting the fastest, lowest risk, and most cost-effective appraisal.
*Subject to the issuance of a policy, and such terms and conditions of the policy.
Property Valuation Indemnity Insurance (PVII)
This exclusive and innovative insurance product assists lenders in reducing property valuation risk. We’re the first company in Canada to offer property valuation indemnity insurance and got approval from the Office of the Superintendent of Financial Institutions (OSFI) in 2009.
FCT’s Valuation Products
FCT Flex Appraisal
This solution combines the best elements of valuation technology with the expertise of a qualified appraiser for a time efficient and accurate appraisal. Our technology combines approximately 250 data points with industry recognized confidence scores. The results are communicated to lenders within 4 hours. This product can be enhanced with the addition of photos or interior/exterior inspections.
Complete more appraisals in a day with the added efficiencies we provide. FCT’s appraisers are given information from reliable third-party sources, and FCT approved field technicians can help to expedite the drive-by appraisal process.
This option provides a market value based on measurements, interior and exterior inspection, photos, and supporting analysis of relevant information. FCT approved field technicians may be used to expedite the appraisal request.
Benefits to all stakeholders
- CUSPAP and USPAP compliant solutions
- Greater efficiency
- Cost savings
- Focus on quality and expertise
- Risk mitigation
- Reasonable and customary fees paid to the appraiser
- Full transparency in fees and process for all stakeholders
- Industry-leading technology
Why work with FCT?
- Appraisers are critical to our solution; we stand behind you.
- Your expertise is your opinion, not your ability to collect data–let us do the leg work.
- Our centralized data solution allows you to complete more appraisals in a day and increases your bottom line.
- Innovation in the appraisal process from an industry leader.
We want to reimagine valuations and need your help! Sign up today and be part of the change.
Click here to join FCT’s network of appraisers.