Rich Jones' Story
This week’s interview is with CVR Specialist is Rich Jones. He used the CVR product to turn his business around and has been an advocate for it ever since. Read about Rich’s experience and what he likes best about it. Also, he shares some great tips for already trained Specialists!
I was almost out of business until the CVR came along.”
- Rich Jones
For the past 20 years, Rich Jones has been running his own appraisal company in the mile high city of Denver, Colorado. Rich became interested in the CVR when a friend recommended it to him last October. After learning about it, he saw it as a tool to take back work from BPOs. BPOs had started taking away his business and he hoped that the CVR would help him get it back. The CVR did just that!
In addition to the work that it has brought him, Rich has also been pleased with how easy the CVR is to use. He enjoys how simple and straightforward the product is. And it stands out from other alternatives because it only gives the appraiser what is necessary. There is no irrelevant information or “fluff” that can make filling out a report long and tedious. For Rich, it usually takes an hour to perform a CVR, two hours for difficult ones.
After a slow start, Rich now has plenty of work. All of his orders have been from US Bank. And he is currently working on a deal with 1st National Bank. Rich shares that the CVR saved his business. He needed a new way to be competitive in the industry and also a solution to fight BPOs. The CVR was his answer and since he became trained, he has not had any negative comments from his clients.
In his spare time, Rich enjoys spending time with his wife and family. He hopes to go on a vacation to Mexico soon.
Rich has a few words of advice for those using the CVR:
- Make sure you put your database in
- The statistical analysis will not always give you a perfect value, putting in your own sales listing will make it more accurate
US Bank is increasing the number of CVR orders it places monthly. If you would like to expand your appraisal business, learn how to produce statistically supported appraisals, and become a CVR Specialist like Rich, click on this link to start learning more. Or call 800-622-8727 to learn where we need immediate coverage.
