REM
REM Corporation provides nationwide real estate valuation services—appraisals, BPOs, title searches, document recordings, and portfolio valuations—for mortgage lenders, banks, and financial institutions via a 24/7 web platform and a licensed field professional network. Founded 1992.
- Company typePrivate
- Founded1992
- HeadquartersDowners Grove, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What REM does
REM Corporation is a privately held, U.S.-based provider of real estate valuation services headquartered in Downers Grove, Illinois, founded in 1992. The company serves mortgage lenders, banks, and financial institutions with a nationwide portfolio of products including interior and exterior appraisals, broker price opinions (BPOs) for both interior and exterior inspections, title and current-owner-of-record searches, document recordings, portfolio valuations, and land surveys on residential and small commercial properties. Its named customer base includes large enterprise institutions such as Bank of America, Wells Fargo Home Mortgage, JPMorgan Chase Bank, Fifth Third Bank, SunTrust Bank, Coldwell Banker, and Fidelity National Asset Management, with use cases concentrated in REO asset management, default servicing, foreclosure, bankruptcy, loss mitigation, and portfolio revaluations.
REM's operating model is a two-sided platform that links enterprise client orders with a pre-screened network of state-licensed appraisers, real estate agents, and title companies across all 50 states. The proprietary technology layer is a 24/7 web-based order management system featuring an interactive client portal for ordering, tracking, and retrieval (with six months of order history), a network matching system that selects the best-fit field professional by property location and requirements, duplicate-request detection with refund handling, customized reporting and electronic invoicing, and integration points for client-side platforms. Quality control is performed by in-house staff on all BPOs. Field representatives are bound by standardized service-level requirements, including 24-hour order confirmation, completion within specified due dates, and a ~45-day payment cycle after report receipt.
REM generates revenue on a transaction-fee basis for each individual valuation, title search, or document recording, with pricing customized per client requirements and contracted on multi-year terms. Go-to-market is sales-led B2B, supplemented by direct web-based ordering for registered enterprise customers, email ordering, and customized third-party platform integration. Distribution is augmented through the company's membership in The Mortgage Bankers Association. The firm operates with 11–50 employees from a single Downers Grove headquarters and provides services nationwide, with no public evidence of international operations, recent funding, acquisitions, or material leadership changes.
REM firmographics
Firmographics- Name
- REM
- Legal name
- REM Corporation
- Website
- https://remusa.com
- Company type
- Private
- Founded year
- 1992
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- REM Corporation provides nationwide real estate valuation services—appraisals, BPOs, title searches, document recordings, and portfolio valuations—for mortgage lenders, banks, and financial institutions via a 24/7 web platform and a licensed field professional network. Founded 1992.
- Ownership category
- akta.pro rank
REM industry classification
Industry- Product category
- Real Estate Valuation Services
- NAICS
- Offices of Real Estate Appraisers (53132)
- akta.pro primary industry
- Home Equity Valuation & Collateral Management (AVM/Appraisal/BPO) (FSALAGAJ)
- akta.pro secondary industry
- Foreclosure, Bankruptcy & REO Servicing (FSALAEAH)
Keywords
Where REM is headquartered
LocationHeadquarters
- HQ city
- Downers Grove
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
REM business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Valuation Services: One-time transaction fees for individual property valuations including appraisals, BPOs, and title searches on residential and small commercial properties.
- Title and Document Services: Fees for title searches, document recordings, and current owner of record searches on properties.
- Portfolio Valuations: Customized valuation services for portfolios of properties, likely billed per assignment or through negotiated arrangements.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom quote-based pricing |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels1 record
REM product offering
Product offeringCore offering
REM Corporation provides residential and small commercial property valuation services to mortgage lenders, banks, and real estate firms nationwide. Its core offerings include interior and exterior real estate appraisals, Broker Price Opinions (BPOs) for interior and exterior market valuations, title and current owner of record searches, document recordings, portfolio valuations, and land surveys, all accessed through a 24/7 web-based ordering platform backed by a nationwide network of state-licensed appraisers, agents, and title companies.
Product overview
REM Corporation offers a unified real estate valuation service platform providing multiple property valuation products including Real Estate Appraisals (Interior and Exterior), Broker Price Opinions/Market Valuations (BPOs - Exterior and Interior), and Title/Current Owner of Record Search services. The company also provides Document Recordings, Portfolio Valuations, and Land Surveys on residential and small commercial properties nationwide. All services are accessible through a proprietary web-based ordering and tracking platform that operates 24 hours a day, with orders processed through a network of state-licensed appraisers, real estate agents, and title companies.
Differentiator
Problem solved
Functional benefit
Products and services
- Interior Appraisals
- Exterior Appraisals
- Exterior Market Valuations (BPO)
- Interior Market Valuations (BPO)
- Title / Current Owner of Record Search
- Document Recordings
- Portfolio Valuations
Quantifiable outcome
- Orders can be placed, tracked and retrieved 24 hours a day, seven days a week
- +2 more outcomes
Companies that use REM
Customer profileNamed customers10 records
Segments4 records
Ideal customer profiles2 records
REM technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
REM partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- The Mortgage Bankers Associationindustry affiliationREM Corporation is a member of The Mortgage Bankers Association (MBA), demonstrating commitment to meeting industry standards and the individual needs of valuation servicing clients.
Scale indicators2 records
Recent moves6 records
Expansion highlights4 records
REM competitors and assessment
Company assessmentDirect peers
- Class Valuation: Class Valuation is a top-tier appraisal management company (AMC) providing residential appraisals and valuation technology to mortgage lenders and servicers. Comparable to REM as a direct competitor in appraisal management, with a broader technology platform and similar enterprise lender client base.
- Clear Capital: Clear Capital is a national residential real estate valuation, analytics, and technology provider offering appraisals, BPOs, and AVM products to mortgage servicers and lenders. Highly comparable to REM given overlapping product suite (interior/exterior appraisals, BPOs) and shared customer base of large bank servicers.
- National Real Estate Information Services (NREIS): NREIS provides nationwide residential and commercial valuation, BPO, and property inspection services to banks, servicers, and investors. Closely comparable to REM in service offering, distribution model (national field network), and target customers in default/REO servicing.
- Pro Teck Valuation Intelligence: Pro Teck provides BPOs, appraisals, and valuation management services to mortgage servicers, banks, and investors. Directly comparable to REM in product mix (BPOs, appraisals, REO services) and customer segment (large servicers).
Broad incumbents
- ServiceLink (a Black Knight company): ServiceLink is a large-scale provider of default and origination services to mortgage lenders, including valuation, title, and asset management. Comparable to REM as a broader incumbent offering overlapping valuation/REO capabilities alongside a much larger service portfolio.
- CoreLogic (now ICE Mortgage Technology): CoreLogic / ICE Mortgage Technology is a dominant provider of real estate data, analytics, and workflow solutions including AVMs, appraisal platforms, and property data. Comparable as a broad incumbent whose appraisal management and data assets sit alongside REM's niche services.
- Stewart Information Services:
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
REM financial estimates
Financial estimateRevenue estimate
Valuation estimate
REM leadership team
Management profileNumber of profiles
REM funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
REM M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about REM
What does REM do?
REM Corporation provides residential and small commercial property valuation services to mortgage lenders, banks, and real estate firms nationwide. Its core offerings include interior and exterior real estate appraisals, Broker Price Opinions (BPOs) for interior and exterior market valuations, title and current owner of record searches, document recordings, portfolio valuations, and land surveys, all accessed through a 24/7 web-based ordering platform backed by a nationwide network of state-licensed appraisers, agents, and title companies.
Is REM a public or private company?
REM is a private company. It is classified as unknown and is currently operating.
When was REM founded?
REM was founded in 1992. It employs 11 to 50 people.
Where is REM based?
REM is headquartered in Downers Grove, United States, in the North America region.
How does REM make money?
Three revenue lines are on record. Valuation Services are the primary driver. The others are title and Document Services and portfolio Valuations.
Who are REM's main competitors?
Direct peers on record are Class Valuation, Clear Capital, National Real Estate Information Services (NREIS) and Pro Teck Valuation Intelligence. Broad incumbents are ServiceLink (a Black Knight company), CoreLogic (now ICE Mortgage Technology) and Stewart Information Services.
Does REM have an API?
No public API is recorded for REM.
What industry is REM in?
REM's product category is Real Estate Valuation Services. Its primary akta.pro industry code is FSALAGAJ, Home Equity Valuation & Collateral Management (AVM/Appraisal/BPO), with a secondary code of FSALAEAH, Foreclosure, Bankruptcy & REO Servicing. Its NAICS code is 53132.