“Time kills deals.” In private lending, this isn’t just a saying; it’s the harsh reality of your P&L.
You have the borrower. You have the terms. The capital is ready to deploy. But the file sits stagnant. Why? Because you are waiting on the appraisal.
For private and portfolio lenders, speed is the product. Your borrowers come to you because they need certainty and velocity that traditional banks can’t provide. Yet, in today’s market, slow appraisal turnaround times (TAT) have become the primary bottleneck choking deal flow.
The Pain: The “Black Hole” of Valuation
Running a lean lending team is efficient until you hit the operational drag of the appraisal process. If you are managing this manually, you are likely suffering from three specific operational failures:
The Revision Loop: You finally get the report, but it’s riddled with errors or non-compliance. You send it back. You wait. The deal stalls.
Administrative Bloat: Your team spends half their day chasing vendors, sending follow-up emails, and manually updating spreadsheets instead of originating new loans.
The “Full Inspection” Trap: You are forcing every property through a traditional, full appraisal timeline even when the risk profile or guidelines would allow for a faster, modern alternative.
The Reality: Every day a file sits in the appraisal queue is a day your capital isn’t working for you. You can’t scale your volume if your operations are bogged down by manual follow-ups and vendor delays.
The Solution: Predictability is Power
You don’t need to hire more staff to chase appraisers. You need a platform that enforces speed and quality automatically.
Profet.ai – the trusted platform for Private Lenders
Profet is a single, integrated platform designed to reduce revisions and scale quality without slowing down your volume. We remove the friction between the order and the final value.