| Posted by Thomas J. Inserra, CEO
on October 14, 2006 at 00:54:36:
In Reply to: Re: Zaio-Caution posted by Appraiser Central on October 12, 2006 at 10:36:24: Zaio does NOT produce an AVM. We are not an AVM. Zaio itself does not produce ANY valuation products. Rather, our software is used by appraisers to help them produce higher quality appraisals. It is that simple. Our written contracts that we sign with appraisers REQUIRE us to pay appraisers in cases when we sell valuation products to lenders. Thus, the contract is specifically designed to prevent ANY DATA or ANY valuation product from ever being sold UNLESS the appraiser is paid. That means we are purposely trying to keep the appraiser as the most important part of the valuation process. Rather than fear the unknown, why not simply take the time to
better understand Zaio and how it might help you. Seventy five
percent of appraisers who take the time to understand us, become
part of Zaio. I'd say that is pretty strong evidence that appraisers
are convinced we can help them.
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