Thursday, March 28, 2024 | The Latest Buzz for the Appraisal Industry

REVTEK and Clearbox Announce Product Integration

ClearBoxREVTEK, LLC and Clearbox, LLC are pleased to announce they are integrating their flagship products. REVTEK offers a unique cloud based order management platform called ENGAGE™. Clearbox LLC is a pioneer in vendor management and compliance for valuation service providers.

“ENGAGE is the only order management platform that truly creates a dedicated environment for each Company in our ecosystem. Lenders, VMCs, Appraisers, Realtors, and Inspectors all have their own unique profile. Each company can CONNECT™ to any other company for Business to Business transactions, said Steve Ferguson, President of REVTEK. Ferguson also states, “integrating with Clearbox merges our thoughtful workflow processes with their unique credential database. This will allow our Lender and VMC customers to more quickly build and refine their panels, and monitor their service providers for ASC updates, State disciplinary actions, and optional background checks.”

Kevin Hopkins, Chief Compliance Office at Clearbox, said “Clearbox has built the most comprehensive database of Appraiser credentials in the nation. We help Appraisers promote their credentials to existing and prospective clients. Our Lender and VMC customers are able to demonstrate Best Practices in their vendor selection and management with insight into experience, education, and risk. Our next logical step was to extend panel management into fulfilling orders. ENGAGE represented a fresh design to manage these transactions.”

Within the ENGAGE platform, the feature set includes a mobile app for appraisers to manage orders in the field, single sign on for multiple companies and clients, fee and payable tables, robust accounting to do vendor payments and client receipts, service levels, customizable notifications, searching and reporting.

Clearbox offers a suite of compliance products that include Select™ credentials with optional background check, Xfiles™ state disciplinary records, CBOX™ complaint management, and Area56™, state AMC registration data.

About REVTEK

REVTEK, LLC specializes in Real Estate Valuation Technologies. The ENGAGE platform enables cloud based company to company transactions for Appraisals, BPOs, and Inspections. More information can be found at www.revtekllc.com.

About Clearbox®

Clearbox, LLC was founded in 2011 to assist lenders and Appraisal Management Companies with regulatory compliance. Clearbox maintains an appraiser credentialing database and aggregates background checks and state disciplinary actions.

 

Brent Bowen

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