Preston Rowe Paterson . Sydney Australia

Being environmentally conscious Ben Toole, associate director – residential division, has commented that Preston Rowe Paterson’s advanced online web services based valuation management and delivery software (PRP Online) has enabled Preston Rowe Paterson Sydney to reach a new level of efficiency in its residential mortgage valuation service offering.

Being web services based the system can be accessed by the valuer, administrative staff as well as clients from anywhere at any time. Valuation files can be tracked during the preparation process in the system given its file management capabilities. Those capabilities also include a complete document upload system (paperless office), sales transaction database and a task messaging contact records system. Ben also commented that the fact that the system is linked to market accepted valuation aggregation programs such as Valex and VMS is a significant advantage. He said that the system has really elevated Preston Rowe Paterson Sydney’s service delivery and that he was looking forward to introducing the system to existing clients and to new clients.

Commenting on the market entering into the New Year Ben noted that there has been a pick in the number of mortgage valuation instructions based on new acquisitions as opposed to refinances. He said that the start to 2012 continued to carry over of 2011 with refinancing instructions predominating.  He commented also that the REIA have just released their March numbers showing that Sydney’s median house price is up 1.6% to $673,681 from the December 2012 quarter.