MISMO® recently announced that it has launched a new workgroup known as CRE Property Financials, which will focus on a standards solution for commercial real estate (CRE) by documenting the data requirements associated with CRE property level financial information.
Within its announcement, MISMO noted that the new workgroup will address the need for a standardized method of exchanging CRE property financial statement data with business partners, with the goal of enabling the seamless reporting of property financials for both software and service offerings.
The organization is also looking for industry participants to join its new CRE Property Financials workgroup, and those interested can find out more information here.
AI Powered Automation Helps Reduce Appraisal Turn-Times
Global DMS’ EVO™ appraisal management software streamlines your real estate appraisal process through next-gen features and reliable workflow automation that produce real results. This includes the platform’s advanced auto-assignment functionality, which utilizes cascading decisioning technology and powerful AI designed to emulate your thought process via dynamic rule-sets that are easily configured ahead of time – providing quick assignments of only the most qualified appraisers or reviewers. However, this is only the tip of the ice burg when it comes to EVO’s automation capabilities, which cover the entire valuation process through final delivery. For more information, or to see a quick demo, contact us today.