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Frequently Asked Questions: Repair Cost Express

Who Should Use Repair Cost Express?
RCX is an essential tool for Appraisers, Asset Managers, Property Preservation Specialists, Realtors and other professionals in the mortgage servicing industry. RCX provides local costs for 23,500 repair jobs in 70 repair categories.

Realtors: no more "guesstimating" repair cost estimates. Provide reliable repair costs for your distressed REO properties and listings to derive highest marketable values.

Property Preservation Companies: control costs associated with repair work performed with industry-standard costs that include materials, labor and debris removal. Allows additions for profit, overhead and tax.

Mortgage Servicing: control costs of repairs and gain an understanding of “as-is” versus “as-repaired” down to a five-digit ZIP code using insurance industry best practices and nationwide costs. Analytical reporting for REO departments allows controls on proper disbursements for repair work.

Appraisers: Perfect for FHA cost-to-cure estimating. Calculates depreciation as well as repairs.

Is Training Available for RCX?
Training is available via live, online webinars. Training fee is $25.

Who can I call with questions about RCX?
The number for RCX sales and technical support questions is 866-264-9459.

Is there an Administrative version of RCX that lets me view others' repair estimates?
Yes. Please contact Deanna Andre if you are interested in the Administrative version of RCX. Email dandre@marshallswift.com or call 213-253-4845.


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