Founded in 2000, ExactBid is the leading real estate due diligence software company dedicated to helping lenders and due diligence vendors gain efficiencies, improve data accuracy, and meet increasing regulatory demands in an ever-competitive market.
Our years of experience in residential and commercial appraisal software translate into proven solutions that have been vetted in the marketplace. We expertly manage details with ease and provide access to smart data empowering our customers to same time and seize opportunities.
ExactBid is focused on simplifying all aspects of lending due diligence – our solutions help lenders and vendors streamline workflows, assess data, collaborate effectively and maintain compliance.
We offer three distinct products that meet the needs of the entire appraisal market—RIMS®, RIMSCentral® and Narrative1. RIMS is the leading solution for managing appraisals, environmental reviews, construction inspections, evaluations and property records. Through using RIMS, lenders have deeper insight into their own data to assess risk and analyze industry trends to make better lending decisions. RIMSCentral is the due diligence portal where bank appraisal staff and vendors meet. It is the hub that keeps all parties in touch and informed in real time. Banks get the word out, and vendors get the bids in.
Acquired by ExactBid in June 2015, Narrative1 is an appraisal management solution for commercial appraisers. It eliminates repetition allowing users to focus on delivering high quality reports and maximize earnings by producing more in less time.
In 2017, ExactBid launched Platform Integration connecting RIMS, RIMSCentral and Narrative and restructuring commercial real estate processes into a uniform and transparent framework. This is the first-ever integration of its kind strengthening the relationship between lender and vendor and places all participants in the due diligence process in a better position to compete for business. Subject property data now flows automatically between the three solutions creating a more efficient workflow and improving data accuracy.