Class Valuation Company Profile

Background

Class Valuation is a leading nationwide Appraisal Management Company (AMC) headquartered in Troy, Michigan. Established in 2009, the company has rapidly ascended to become one of the top AMCs in the United States. With a mission to deliver seamless service and honest value, Class Valuation focuses on accelerating the appraisal process through innovation, aiming to make the one-day appraisal a reality. The company's vision emphasizes efficient, transparent processes that provide credible loans, underscoring its significant role in the real estate appraisal industry.

Key Strategic Focus

Class Valuation's strategic objectives center on:

Appraisal Modernization: Implementing advanced technologies to streamline the appraisal process, thereby reducing turnaround times and enhancing accuracy.

Technological Integration: Utilizing proprietary platforms and data analytics to improve service delivery and compliance.

Market Expansion: Extending services across all 50 states, supported by a network of nearly 20,000 independent appraisers.

Client-Centric Services: Offering tailored solutions to lenders, brokers, and appraisers, ensuring efficient and transparent appraisal processes.

Financials and Funding

As of the latest available data, Class Valuation's estimated annual revenue is approximately $80.6 million, with a revenue per employee of $187,500. The company has experienced a 21% growth in employee count, reaching 430 employees.

In April 2021, Gridiron Capital, a private equity firm, acquired Class Valuation, partnering with the management team to drive innovation and enhance market leadership in residential valuation services.

Pipeline Development

Class Valuation has been actively expanding its service offerings and market presence through strategic acquisitions:

Synergy Appraisal Services (July 2021): Enhanced market density in the Midwest and Western regions.

DataMaster (September 2021): Added a software-as-a-service offering, improving appraisal process efficiencies.

Valuation Connect (November 2023): Strengthened market presence and expanded service capabilities.

Technological Platform and Innovation

Class Valuation distinguishes itself through several proprietary technologies and innovative methodologies:

Digital Appraisal Project: Utilizes advanced computer vision technology to create digital twins of properties, allowing appraisers to conduct virtual inspections and reducing potential biases.

Property Data Advantage (PDA): A flexible data collection and delivery solution integrated within CoreLogic's suite of Valuation Workflow Solutions, facilitating participation in Fannie Mae's Value Acceptance + Property Data program and Freddie Mac's ACE+ PDR solution.

Leadership Team

John Fraas: Chief Executive Officer

Greg Baker: Chief Financial Officer

Kaushal Shah: Chief Technology Officer

John Hamameh: Chief Legal and Compliance Officer

Tariq Ali: Executive Vice President & Interim Chief Marketing Officer

These leaders bring extensive experience in finance, technology, legal compliance, and marketing, driving the company's strategic initiatives and growth.

Leadership Changes

In April 2025, Class Valuation appointed Chris Flynn as Chief Data Officer to accelerate innovation and data strategy.

Competitor Profile

Market Insights and Dynamics:

The real estate appraisal industry is experiencing significant transformation, driven by technological advancements and increasing demand for efficient, transparent processes. The market is characterized by a shift towards digital solutions and data-driven valuations.

Competitor Analysis:

The Property Sciences: Founded in 1984, based in Pleasant Hill, California, operating in the real estate agencies sector.

Dart Appraisal: Established in 1993, headquartered in Troy, Michigan, competing in real estate development and operations.

Solidifi: Founded in 2004, based in Buffalo, New York, operating in the real estate and construction industry.

These competitors focus on providing appraisal management services, leveraging technology to enhance service delivery and compliance.

Strategic Collaborations and Partnerships

Class Valuation has formed significant partnerships to strengthen its market position and innovation capacity:

Gridiron Capital: Acquired Class Valuation in April 2021, providing strategic support for growth and innovation.

CoreLogic: Integrated Class Valuation's full modern appraisal suite within CoreLogic's Valuation Workflow Solutions, enhancing service offerings to lenders.

Operational Insights

Class Valuation's strategic acquisitions and technological innovations have positioned it as a leader in the appraisal management industry. The company's focus on digital solutions and data-driven valuations provides a competitive advantage, enabling faster turnaround times and improved accuracy.