Q-SAR ®
QUALITATIVE SUMMARY APPRAISAL REPORT
“Uncompromising quality, uncompromising simplicity”
WHAT IS Q-SAR®
?
Q-SAR® is a USPAP compliant residential appraisal report designed to provide maximum information in a two (2) page format. Q-SAR® allows the appraiser to
provide better service, increased readability and better valuations. Q-SAR® lowers costs for appraisers, end users and consumers while increasing appraiser
revenue.
UNIQUE IN THE INDUSTRY
: There is no other USPAP compliant report in the industry today that offers all three levels of residential inspection and valuation:
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DESKTOP
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STREET
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INSIDE HOUSE
Q-SAR ® reports can be produced in .xml and .pdf formats.
APPLICATIONS FOR Q-SAR®
Q-SAR® is ideal for valuing residential real estate for any application other than GSE, FHA/HUD or VA loans. Use Q-SAR® anytime the client needs a market value determined by a certified or licensed real estate appraiser. Use Q-SAR® for:
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Financial Institutions - Shelf loans, pre-qualification of first mortgages, HELOCs, REOs, foreclosures, other non-performing real estate assets;
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Financial advising – estate planning, portfolio valuations;
ADVANTAGES OF USING Q-SAR®
FAST – average time for an appraiser to complete a Q-SAR® is three (3) days.
LOWER COST, – End users aren’t paying for expensive reporting that they don’t need.
MORE REVENUE – Appraisers can earn more using Q-SAR® because of the efficiency of the product. Appraisers spend more time analyzing, not filling out a 25
page form. Supports improving the appraiser’s practice while increasing their income.
EASE OF UNDERWRITING - essential data, not excess data
WHY Q-SAR®
?
APPRAISERS – STOP USING 1004’s FOR EVERYTHING! Q-SAR® has been used for two years by financial institutions with total assets of more than $20 billion with
full regulatory compliance and examination with no rejections. Spend less time and earn more money. Spend time in your analysis and on your work file, not
in creating the report. This report “breaks the appraiser out of form jail.” With Q-SAR® form was developed with the appraiser’s analysis and conclusion of
value in mind vs. a form driven analysis and evaluation. Q-SAR® provides appraisers with a competitive advantage by producing USPAP quality appraisal reports
in less time while providing more revenue to appraisers.
END USERS
– Q-SAR® reports are shorter (2 pages vs. 25 pages for a 1004) in an easier to read format. End users get all the key information they need to make a
decision on the first page! End users get the key information without turning a page Q-SAR® makes better use of end user time in decision making and in a
format that makes the information easier to present to others.
THREE TYPES OF Q-SAR® REPORTS
: Desktop, Street, and Interior.
SUGGESTED PRICING FOR Q-SAR® Reports for 2015
COMPARE
Report Type - 1004/URAR
Complete – 4 Hours
Fee - $300
Report Type - Q-SAR® Desktop
Complete – 30 Minutes
Fee - $125
Report Type - Q-SAR® Street
Complete – 1.25 Hours
Fee - $175
Report Type - Q-SAR® Interior
Complete – 1.5 Hours
Fee - $200
ESTIMATED BLENDED HOURLY RATE FOR APPRAISERS USING Q-SAR® (Desktop, Street and Interior) is $125/hour.
WAYS TO PURCHASE Q-SAR® LICENSES
. Purchasers may purchase a license to use the Q-SAR® software for one use, five use, ten use or a year subscription via ALAMODE at totalstore.alamode.com.
Developed by QSAR, LLC. Copyright and trademarked. All rights reserved.