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Online information, data workflows and the role of technology in residential valuation
Technology marches on, and throughout the built environment we are starting to see some of the innovations and developments that have first targeted consumers begin to find their place in the various workflows around more business-focused applications. The availability of property and environmental data is driving workflow opportunities for lenders and their valuation partners as well as influencing the wider property transaction as data moves up the chain and becomes available to drive decisions earlier in the mortgage and conveyancing process to the benefit of consumers. This has significant implications for valuation surveyors; technology is shaping workflows now and will continue to do so.
The full article is available to institutions that have subscribed to the journal.
Richard Groom is a product marketing specialist with experience throughout the technology and property arena. Richard began his career at the Japanese copier giant Ricoh, developing document workflow software, before moving to Landmark Information, where he launched the UK's first widely adopted flood report for conveyancing professionals during his time managing the market leading Homecheck Professional® and Envirosearch® product suites. Richard worked extensively with Landmark Quest from 2010–14, where he delivered early desktop valuation products as well as the first tablet-based data capture solution for surveyors, before taking responsibility for workflow solutions aimed at UK mortgage lenders in his final years at Landmark. Richard progressed to Hometrack Data Analytics, working on new build valuation products for the large housebuilders, before a move to the RICS, where he now heads the team for data products aimed at supporting standards and professionalism throughout the surveying disciplines.
CitationGroom, Richard (2017, June 1). Online information, data workflows and the role of technology in residential valuation. In the Journal of Building Survey, Appraisal & Valuation, Volume 6, Issue 1.