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Specific Selection Options |
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Each vendor type has specific applicable selection options. For example,
residential appraisers can be selected for assignment automatically and
commercial appraisers may be selected to bid on a commercial opportunity.
Mercury Network allows for specific operation based on vendor and product
type.
Residential Appraiser, Agent/Brokers, Inspectors |
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- Allow order bidding — This enables the bidding
options for residential orders, so any user with appropriate permissions can issue an
order as a bid.
Enabling this option will disable Double-blind
communication and Unattended order assignment.
- Fee — Click the lock icon to
toggle the fee lock. When locked, the order fee is determined when the
order is placed, so the appraiser can't change it. When unlocked, the
appraisers will include their requested fee on their bid.
- Date — Click the lock icon to
toggle the due date lock. When locked, the due date for the order is
determined when the order is placed, so the appraiser can't change it.
When unlocked, the appraisers will enter their turn time on their
bid. The moment the bid is awarded, the due date will be
calculated using business days based on the appraiser's turn time. For
example, if the appraiser submitted a turn time of 5 days and is
awarded the bid on Thursday, the order will be due the following
Wednesday.
- Check Hide lender details from the vendor until a bid is
awarded so the lender's information will not be shown on the
vendor's notifications or order before the bid is awarded.
- Automatic Vendor Selection — When enabled,
during order assignment, your configured Intelligent Selection Settings
(ISS) automatically select the most qualified vendor for each
assignment.
- If the order is not issued as a bid, a single vendor will be
selected and assigned to the order.
- If the order is issued as a bid, your ISS criteria will
be used to select multiple appraisers who will receive bid requests.
- Use the Select at least field to specify the
minimum number of appraisers, and use the and at
most field to specify the maximum number of appraisers to
be selected for bidding.
- Unattended Order Assignment — When enabled,
orders placed through the VMP Client Portal are automatically assigned
to a vendor, eliminating all manual involvement from the assignment
process.
This cannot be enabled (and will be grayed out) when
Allow order bidding is enabled because the bidding process
cannot be used unattended.
- Unattended order Reassignment — Automatically
reassigns expired and declined orders using ISS rules.
- Stop and notify me after _ attempts: This limits
the number of attempts to reassign the order before stopping to notify
you.
- Click here for more
information about configuring automatic assignment settings.
- Specify the pool from which you want Mercury to recommend or select
vendors. Mark Mercury Network Directory to use
Mercury's entire nationwide vendor directory. To use your own
custom directory of vendors, mark Custom Fee Panel and
then indicate whether you want to use the full nationwide Mercury
directory as a backup.
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AMC/Firms |
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- Automatic Vendor Selection — During order
assignment, your configured Intelligent Selection Settings (ISS)
automatically select the most qualified vendor for each assignment.
- Unattended order assignment — When enabled,
orders placed through the VMP Client Portal are automatically assigned
to a vendor, eliminating all manual involvement from the assignment
process.
- Click here for more
information about configuring automatic assignment settings.
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Commercial Appraisers |
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- Allow Order Bidding — When enabled, this
option will allow orders for commercial products to be issued as bid
opportunities. During vendor selection, a set of vendors can be manually
selected or automatically selected for you based on additioanl settings.
- Check Hide lender details from the vendor until a bid is
awarded so the lender's information will not be shown on the
vendor's notifications or order before the bid is awarded.
- Automatic Vendor Selection — Enabling this
option allows your configured Intelligent Selection Settings
(ISS) to automatically select the most qualified appraisers for a
commercial order. When bidding is used, the ISS will select a set of
appraisers between the 'at least' and 'at most' values entered.
- Click here for more
information about configuring automatic assignment settings.
- Specify the pool from which you want Mercury to recommend or select
vendors. Mark Mercury Network Panel to use
Mercury's entire nationwide vendor directory. To use your own
custom directory of vendors, mark Custom Fee Directory
and then indicate whether you want to use the full nationwide Mercury
directory as a backup.
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