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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.
- 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 — With this enabled,
vendors will automatically be selected for orders using your
ISS criteria.
- 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.
- Order auto reassignment — This will automatically
reassign expired and declined orders without having to do anything.
- Stop and notify me after _ attempts: This limits
the number of attempts to reassign the order before stopping to notify
you.
- 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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- To use automatic order assignment— During order
assignment, your configured Intelligent Selection Settings (ISS)
automatically select the most qualified vendor for each assignment.
- To use manual ordering — Simply leave the
Automatic order assignment switch set to
Off.
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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.
- 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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