Forsythe Appraisals LLC, the largest independent provider of residential real estate appraisals in the United States, announced Sept. 30 that Richard Shackelford has been named the company’s new vice president of business development.
In this role, Shackelford will be responsible for the growth of both local and national client opportunities and brand recognition. Additional responsibilities include the overall development of revenue generating business opportunities related to residential valuations assignments, collateral litigation and appraisal consulting support, retrospective property evaluations and collateral desk and field reviews.
Shackelford, who graduated from Missouri State University with a bachelor’s degree in finance, brings an extensive background in the appraisal and mortgage industries to the position, with prior experience in loan origination, loan operations management, sales and territory management. He most recently held the position of executive vice president, sales and marketing for IRR-Residential, where he was responsible for establishing and overseeing the success of the national sales team and overall client growth while strengthening client relationships with the company. He also has held leadership positions at several financial firms, including Capital One.
“Rich has a vast amount of business management, territory management, B-to-B relationship management, appraisal management and mortgage lending experience, which we know will be invaluable as he takes ownership of our national sales efforts,” Forsythe Appraisals CEO John Forsythe said. “He brings to the appraisal business a unique perspective, tremendous knowledge and many strong relationships from his years in the industry. He understands the issues facing the mortgage marketplace, and that will prove to be tremendously beneficial in helping us achieve our business development objectives throughout the rest of this year and for many years to come.”