{"id":5413,"date":"2022-08-03T14:03:54","date_gmt":"2022-08-03T14:03:54","guid":{"rendered":"https:\/\/www.classvaluation.com\/?post_type=latest_news&#038;p=5413"},"modified":"2022-08-03T14:03:54","modified_gmt":"2022-08-03T14:03:54","slug":"appraisaltek","status":"publish","type":"latest_news","link":"https:\/\/www.classvaluation.com\/latest_news\/appraisaltek\/","title":{"rendered":"Class Valuation Acquires AppraisalTek"},"content":{"rendered":"<p><strong>Troy, Mich., Aug. 2, 2022 \u2013<\/strong> <a href=\"https:\/\/www.classvaluation.com\/\">Class Valuation<\/a>, a leading national appraisal management company, recently acquired AppraisalTek (ATek), a nationwide appraisal management company with a large footprint in the Western region of the United States.<\/p>\n<p>&nbsp;<\/p>\n<p>The transaction represents an opportunity for Class Valuation to build additional scale with both new and existing clients around the country. The company\u2019s staff appraiser network and strong reputation for solid relationships, superior customer service and robust performance will bring meaningful value to its customers.<\/p>\n<p>&nbsp;<\/p>\n<p>\u201cAppraisalTek\u2019s leading Key Performance Indicators (KPIs) and deep product, regulation and industry knowledge made it a great fit for us,\u201d said John Fraas, Chief Executive Officer at Class Valuation. \u201cBy combining AppraisalTek\u2019s and Class Valuation\u2019s core capabilities, scale, in-house appraiser network and complimentary areas of expertise, we will be able to deliver a best-in-class experience to our collective customers.\u201d<\/p>\n<p>&nbsp;<\/p>\n<p>ATek\u2019s in-house staff appraiser program will be absorbed into Class Valuation\u2019s growing organic network of staff appraisers and its staff appraiser teams which were brought on through the acquisitions of MetroWest and Synergy. The expanding network will help Class Valuation increase its customer service metrics to improve the experience for clients of both AMCs.<\/p>\n<p>&nbsp;<\/p>\n<p>Additionally, ATek\u2019s staff appraiser network and market coverage will enable greater scale with Property Fingerprint, Class Valuation\u2019s digital appraisal platform, which is revolutionizing the appraisal industry through streamlining the data collection process and significantly reducing turn times and revision rates.<\/p>\n<p>&nbsp;<\/p>\n<p>Founded in 2003 by Robert Oglesby (CEO) and headquartered in Chandler, AZ, ATek\u2019s team consists of 75 full-time employees which Class intends to bring on board and join its team. ATek operates in all 50 states and the District of Columbia and has a significant staff appraiser impression in Arizona.<\/p>\n<p>&nbsp;<\/p>\n<p>\u201cAppraisalTek sought out to partner with an industry leading organization and recognized Class Valuation as the best AMC to allow our clients access to a greater portfolio of valuation technologies,\u201d said Oglesby. \u201cAppraisalTek was built around the culture of C.A.R.E, which focused on exceptional customer service and an employee first environment. Class\u2019s innovation, client-centric focus, and leadership made this a phenomenal win for both teams.\u201d<\/p>\n<p>&nbsp;<\/p>\n<p><strong>About Class Valuation:<\/strong><\/p>\n<p>Class Valuation is a top nationwide Appraisal Management Company (AMC), delivering outstanding quality and service to every client. The company is committed to combining the best people, products, processes, and technology available to help lenders make more homeownership dreams come true. Class has consistently been ranked highly in client service by several of the nation\u2019s top ten mortgage lenders and has been recognized as a top place to work, along with receiving many other industry awards. Founded in 2009, Class Valuation is headquartered in Troy, Michigan. For more information, please visit\u00a0<a href=\"http:\/\/www.classvaluation.com\/\">www.classvaluation.com<\/a>.<\/p>\n","protected":false},"featured_media":0,"parent":0,"template":"","meta":{"_acf_changed":false,"content-type":"","om_disable_all_campaigns":false},"news_category":[],"class_list":["post-5413","latest_news","type-latest_news","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Class Valuation Acquires AppraisalTek - Class Valuation<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.classvaluation.com\/latest_news\/appraisaltek\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Class Valuation Acquires AppraisalTek - Class Valuation\" \/>\n<meta property=\"og:description\" content=\"Troy, Mich., Aug. 2, 2022 \u2013 Class Valuation, a leading national appraisal management company, recently acquired AppraisalTek (ATek), a nationwide appraisal management company with a large footprint in the Western region of the United States. &nbsp; 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