Just added: Expanded order information and other requested updates

We've just added several new fields for order information as requested in order to improve accuracy. See the details in the release notes, and read on for the highlights.

New order information for residential appraisal orders

We also added these options for Value conditions:

  • As is
  • As completed
  • As stabilized
  • Retrospective

You now have the following options in the Inspection Type drop-down:

  • Interior only
  • Exterior only
  • Interior & exterior
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Additional new order information for commercial appraisal orders

Also new are these options for Types of value:

  • Market
  • Bulk sale market
  • Going-concern
  • Disposition
  • Liquidation

For commercial appraisal orders, the following are now included for Value method:

  • Sales comparison
  • Income approach
  • Cost approach

 

    commercialorderinfo.png

    And you'll find these new options in Market analysis:

    • Level A
    • Level B
    • Level C
    • Level D

    At the same time, we've added three new options for Loan purpose:

    loanpurpose-propertytypes.png
    • HELOC (Home Equity Line of Credit)
    • Renewal
    • OREO/SAD (Other Real Estate Owned / Special Assets Department)

    And finally, these new property types can now be selected for commercial appraisal orders:

    • Agricultural
    • Assembly/Meeting Place
    • Lodging & Hospitality
    • Senior Housing
    • Shopping Center
    • Sports & Entertainment

    All of these have been added based on your requests in order to make tracking, filtering, and order information as accurate and complete as possible, and we appreciate your feedback.


    New Undo option for declined bids

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    You told us that you need the ability to change your mind if you've declined a bid, so we've added that to the Review bids module. For any bid you decline, you can click the Undo button to reconsider the bid. Plus, this applies to residential and commercial bid orders.


    Thanks for all your ideas which help us continually improve your tools, and as always, keep them coming to info@MercuryVMP.com.

    Vendors: Now you can add your W-9 info to your profile

    We're always looking for ways to help you avoid payment delays from your clients. This update focuses on that goal, giving you a way to add taxpayer information which is often required by your clients when remitting payments.  You can see the full details in the release notes, and the highlights are below.

    Add your W-9 information to your profile

    As you probably know, many of your clients require your W-9 in order to process your payment, so it made sense to provide a way for you to proactively supply that information. It's really easy: Just go to the Professional tab in your profile and click Add new W-9. You'll see a form that looks exactly like the real W-9 form, so fill it out as usual.

    We’ll store this information securely on our servers, and very soon, clients who have added you to their fee panel will be able to view and download a PDF containing your W-9 details. We hope this eliminates any payment delays caused by missing info.

    As usual, these improvements are based on feedback we heard from you, so please keep it coming to info@MercuryVMP.com