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LoopNet Begins Courting Property Appraisers

SAN FRANCISCO-Information management company AppraiserLoop, which incorporates the Appraisal Institute Commercial Database, has launched a new division for commercial property appraisers.

By Michelle Savage | Updated on January 18, 2002

SAN FRANCISCO-In another step toward helping commercial real estate catch up to other industries with respect to technology, Loopnet Inc.’s has launched a new division for commercial property appraisers. AppraiserLoop, which incorporates the Appraisal Institute Commercial Database, is being marketed as a streamlining of the commercial real estate valuation process that helps appraisers manage and maintain assignment information across technology platforms.

“The AppraiserLoop suite of services provides commercial real estate appraisers with a single bank of information and a set of Internet software tools that exist nowhere else in the market today,” says John K. Wood III, Vice President of the new division. “(It) enables appraisers to produce appraisals, manage assignments, and store information and documents with much greater ease and efficiency.”

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