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Here’s how brokerage valuation works

Housing Wire

Valuation in the residential brokerage industry has some characteristics that are unique when compared to other industries and businesses. First, the business of residential brokerage is highly dependent on the recruiting, retention and production of independent contractor sales agents. approach to value.

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Candescent Capital Ventures Taps Adam Johnston as SVP, Chief Program Management and Valuation Officer

Appraisal Buzz

Adam Johnston has joined Candescent Capital Ventures , a private equity firm specializing in investments in the PropTech space, as senior vice president, chief program management and valuation officer. He has led complex business projects and integrations for mergers and acquisitions. Johnston is an experienced industry veteran.

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Xactus Names Danielle Walker SVP, Business Development

Appraisal Buzz

Danielle Walker has been promoted to senior vice president, business development, at Xactus. In her new role, Walker oversees business development and operations for Xactus’ property valuation solutions division that includes Appraisal FirewallX, Appraisal ScorecardX and VerisiteX; and its proprietary appraisal/property valuation technology.

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Class Valuation acquires AMC AppraisalTek

Housing Wire

National appraisal management company Class Valuation is extending its reach, with the acquisition of yet another appraisal management company. Class Valuation said it would bring on AppraisalTek’s 75 full-time employees. The acquisition is Class Valuation’s fifth in recent years.

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Fannie Mae approves six vendors for controversial new valuation initiative

Housing Wire

Fannie Mae has approved six firms to handle its new valuation initiative, which cuts traditional appraisers out of the process and potentially represents the biggest shift in the valuation space in years. Because if the Fannie Mae trend continues, you won’t have any of that business in the future anyway.”

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Joan Trice sells Valuation Expo and Appraisal Buzz newsletter

Housing Wire

Education media publisher Appraiser eLearning (AEL) bought Valuation Expo and Appraisal Buzz from Joan Trice , who created the two entities about 20 years ago. AEL’s education products, communication skills and conference management skills will “raise the bar” for both the conference and the newsletter, she added.

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Gridiron Capital acquires Class Valuation

Housing Wire

Private equity firm Gridiron Capital has acquired Michigan-based appraisal management company Class Valuation from another private equity player, Narrow Gauge Capital , the firms said in a statement on Friday. It would appear a good fit with Class Valuation, a fast-growing AMC with a technology bent. Gridiron , which closed a $1.35

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