Equi-Trax Announces BPO Training, Certification
Equi-Trax Asset Solutions LP, a national collateral valuation provider offering BPOs and a line of hybrid valuation products delivered under a meticulous quality control process to bridge the gap between BPOs and full appraisals, has unveiled Equi-Trax University–an online training institute devoted to training real estate brokers to perform accurate BPOs.
Equi-Trax University provides realtors an opportunity to learn new skills and expand their broker price opinion businesses. The aim is to train brokers about BPO best practices and enable them to improve the quality of their work—and grow their income. Each broker listed on Equi-Trax Asset Solutions’ platform is rated, with the highest rated brokers receiving the most valuation assignments.
Brokers who pass the course will see their ratings increase, and their referral base grow, assuming they do quality work. “We are one of just a few companies in the valuations space that performance rates it brokers,” said Guy Taylor, CEO of Equi-Trax Asset Solutions. “But it’s our way to ensure that our brokers have the skills they need, and our clients receive the highest quality BPOs they require to support asset disposition decisions.”
The BPO course, the first offering from Equi-Trax University, is available through the internet, allowing students to complete the class when it does not interfere with their real estate business.
About Equi-Trax
Equi-Trax Asset Solutions, LP, Santa Barbara, Calif., is a national property valuation firm servicing the U.S. financial services industry. By leveraging AVM technology and the skills of certified appraisers licensed to serve the mortgage industry, Equi-Trax developed a new line of collateral valuation products that combined the best elements of BPOs, AVMs and desktop appraisals. Equi-Trax has earned a leading position in the industry through the use of detailed analytics, quality control, valuation accuracy and service flexibility. The firm’s technology platform uses over 400 data rules and connections to more than 17,000 certified, evaluated and performance-rated vendors to give its clients the information they need to manage their risk appropriately at a price they can afford. Find out more about Equi-Trax Asset Solutions at http://www.equi-trax.com.