AUSTIN, TX – July 31st, 2008
Snapwire (http://www.snapwired.com) is set to release the third addition to the ReportBuilder suite with their latest version, ReportBuilder Pro.  In an effort to make the ReportBuilder family more of a plug-and-play Commercial Appraisal Reporting Solution, Snapwire has integrated the very latest technology with an entirely new approach to writing Narrative Real Estate Appraisal Reports.  “We have adopted best practices used within the industry which has helped create a more intuitive streamlined appraisal methodology,” says Snapwire Founder and Partner Corey Smith, “ReportBuilder Pro literally walks the appraiser through the entire appraisal report.”

By starting with the most current release of the Commercial Appraisal Report Standards (CARS) adopted by OSCRE, Snapwire has set the new standard for writing Commercial Real Estate Appraisals.  The goal of the new ReportBuilder Pro is simple; provide a plug-and-play system for valuing and writing narrative real estate appraisal reports.  The system includes professional narrative appraisal content, advanced valuation spreadsheets, comparables database, and numerous ancillary databases, along with multi-user and multi-office networking. 

Developed by Austin, TX-based Snapwire, ReportBuilder Pro sits on a powerful SQL database that collects data, tables, and images from various Microsoft Office applications and intelligently merges all aspects of the appraisal into either pre-designed or customized commercial real estate appraisal reports commonly used by professional appraisers in the industry. 

Appraisers typically write reports using a previously completed appraisal as a template and replace the old data and comparables using Microsoft Word's "find/replace" and "copy/paste" options.  This time consuming, manual method lends to human error and increased costs.  ReportBuilder Pro automates this process, increasing productivity, accuracy, and efficiency for the appraiser while simultaneously benefiting the lenders via electronic capture and transmittal of critical underwriting data points.

Snapwire Founder and Partner Matthew Veitch believes the ReportBuilder Pro application evens the playing field between national firms and smaller appraisal shops. "This is a compressing market, and the ability to automate what are currently clerical processes will prove to be a significant competitive advantage for companies providing appraisal services.  When you couple this with the emerging data collection and transmission standards and faster turn times by financial institutions, it’s clear the days and copy and paste are in their twilight."

Snapwire’s ReportBuilder Pro takes your Commercial Appraisal Business to the next level.  Realize the benefits of Snapwire’s new commercial appraisal methodology as they make day-to-day appraisal writing simple.  For more information please call Snapwire toll free at (877) 307-9331 or visit http://www.snapwired.com.