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Appraiser News

Appraisal company opens first franchise

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Appraiser News
Wednesday, October 23, 2024

Velox Valuations, a national company in the real estate appraisal space, recently embarked on a new chapter with the opening of its first-ever franchise in the Dallas-Fort Worth (DFW) area, according to a press release.

Casey Mann, a Dallas resident and the company’s inaugural franchisee, led the company’s local office for over a year before transitioning to franchise ownership. This milestone is just the beginning, the company announced, as Velox plans to award more franchises to qualified professionals nationwide.

The company, which was founded in 2020, includes a deep collection of experienced and successful residential appraisal professionals. Velox’s franchise, the company stated, reflects its commitment to empowering skilled appraisers with the opportunity to invest in their future and build personal wealth.

Following this initial franchise, the company expects to award several more across the country, creating a new pathway for appraisers to thrive within an established and trusted brand.

“This is a defining moment for Velox Valuations,” Chad Barker, the company CEO, said in the release. “Our franchise model is designed to revolutionize the appraisal industry by offering appraisers a way to grow their business without sacrificing the independence and personal service they’ve built. This is exactly what we envisioned when we created the business, and we’re confident in Velox’s expansion in the DFW market and beyond.”

As the first Velox Valuations franchisee, Mann will oversee operations across an expansive multi-county area, ensuring that property owners, attorneys, AMCs, and real estate/mortgage professionals benefit from his local expertise and commitment to accuracy, efficiency, and exceptional service.

“Joining the Velox Valuations franchise family was an easy decision for me,” Mann said. “I saw the opportunity to align with a national brand that offers the operational support and marketing strength necessary to grow my business while still allowing me to provide the hands-on, personalized service my clients expect. Plus, I’ve grown to have a deep appreciation for Velox Valuations and its leadership team.”

Velox Valuations distinguishes itself through its direct approach, connecting certified appraisers with clients without intermediaries. This method ensures that each appraisal is performed with precision, consistency, and accountability, according to the company.

With a team of full-time appraisers, Velox Valuations has expanded into over 26 states and is poised for further national growth. The company’s decision to franchise stems from its desire to share its success with certified appraisers across the country, allowing them to scale their businesses under the strength of an established brand.

“Velox Valuations aims to strategically expand its footprint across the United States, focusing on markets with exceptional entrepreneurial talent. Velox is committed to not just short-term gains but also to creating a legacy for franchisees through sustainable, equity-driven business models,” the company stated in the release.

 

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