What makes Bowery’s appraisal software different from traditional valuation tools?
Bowery’s platform automates many of the manual tasks that slow down traditional appraisal workflows. Our system standardizes data entry, applies pre-built valuation models, and streamlines client reporting. This allows our appraisers to deliver reports faster, with greater accuracy and consistency across every assignment.
How does Bowery ensure the accuracy and consistency of its reports?
Our appraisers work inside Bowery’s proprietary cloud-based platform, which centralizes data, market research, and templates. The system includes error-prevention checks, standardized language, and smart data validation, reducing subjective variability and ensuring each report meets internal quality and compliance standards.
What property types does Bowery specialize in?
We specialize in multifamily property valuation, including stabilized assets, development sites, mixed-use buildings, and small-balance portfolios. Our technology and data models are specifically optimized for multifamily assets across a wide range of markets.
Do you offer appraisal services outside of multifamily?
Yes. While multifamily is our core expertise, Bowery also supports valuations for industrial, retail, office, and select special-use properties. Availability may vary by region—contact our team for details.
How fast can Bowery deliver an appraisal?
Turnaround times depend on the property type and complexity, but appraisals completed through our platform are typically faster than industry averages. Thanks to automation, centralized data, and streamlined workflows, our team can often deliver reports days faster than traditional appraisal firms.
Is Bowery’s appraisal software available for external appraisers or lenders?
Bowery’s technology is currently used internally by our certified appraisers. This approach ensures full quality control, consistent methodology, and compliance. We do offer enterprise partnerships—contact our team if you’re interested in exploring collaboration.
How does Bowery handle compliance and regulatory requirements?
All Bowery appraisers are state-certified and trained to remain compliant with USPAP, FIRREA, and GSE guidelines. Our software also includes built-in compliance checks that automatically flag inconsistencies or missing information before a report is finalized.
