Velox Valuations Ventures into New Territories

Velox Valuations, a trailblazer in the real estate appraisal industry, has initiated a significant expansion with the launch of two new franchise territories in Nashville, TN, and San Diego, CA. This development marks a pivotal moment for the company, renowned for its cutting-edge, technology-driven business model. Founded in 2020, Velox Valuations has rapidly ascended in the industry. Within a few short months of initiating its franchising model, the company has expanded to over 26 states, solidifying its reputation for delivering fast, reliable, and credible property appraisals.

Nashville Expansion

In Nashville, Jason Covington leads the new franchise. With extensive experience in the appraisal business and a deep understanding of key Nashville neighborhoods such as Sylvan Park, Germantown, and East Nashville, Covington is well-positioned to serve a diverse clientele, including property owners, attorneys, AMCs, lenders, and real estate professionals. By adopting Velox Valuations’ innovative model, which employs advanced technologies and eliminates intermediaries, Covington ensures precise, consistent, and accountable appraisals. He is also dedicated to nurturing the next generation of appraisers through Velox Valuations’ robust trainee program, covering Davidson County and surrounding areas.

San Diego Expansion

Similarly, in San Diego, the franchise is spearheaded by Robert Long and David Lane, both seasoned experts with over two decades of industry experience. As a Certified Real Estate Appraiser with an SRA Designation and California Real Estate Broker license, Long, partnered with Lane, a multi-state certified real estate appraiser, aims to leverage their vast network and expertise to serve the San Diego County and regions beyond. Their leadership is anticipated to raise the standard of appraisals in the area, ensuring quality service and client satisfaction.
Covington, Long, and Lane are set to introduce Velox Valuations’ distinctive, no-intermediary approach to their respective markets. The firm’s model is characterized by precise, consistent, and accountable appraisals, aided by the latest digital tools to streamline processes. The franchise framework allows seasoned appraisers to expand their businesses under a national brand, providing the necessary resources, support, and technology to thrive in competitive markets. This empowers franchisees to grow their client bases, enhance referral networks, and establish stronger client relationships, all bolstered by the brand’s established success and credibility.
As Velox Valuations continues to expand, it remains committed to providing superior appraisals, with franchisees playing a crucial role in this mission. Backed by an experienced corporate team, franchise owners are equipped to grow their businesses while upholding Velox’s high standards of service. The company’s trainee program further supports this vision by cultivating a sustainable pool of skilled appraisers ready to meet evolving industry demands.
Velox Valuations was created with the vision of revolutionizing the appraisal industry through accurate, technology-driven valuations that are both fast and reliable. The opening of the Nashville and San Diego franchises underscores the strength and potential of Velox Valuations and its draw for exceptional entrepreneurial talent. By targeting markets with high demand for innovative appraisal solutions, Velox is strategically positioned for ongoing national growth. Through franchising, certified appraisers nationwide are offered a proven business model along with access to vital resources, technology, and support, promising both short-term success and long-term profitability.
The company remains steadfast in setting the benchmark for high-quality, efficient, and reliable property appraisals, making it the first choice for clients nationwide.
For more details, visit the original article on Appraisal Buzz.

More Articles

Getting licensed or staying ahead in your career can be a journey—but it doesn’t have to be overwhelming. Grab your favorite coffee or tea, take a moment to relax, and browse through our articles. Whether you’re just starting out or renewing your expertise, we’ve got tips, insights, and advice to keep you moving forward. Here’s to your success—one sip and one step at a time!

Alliance Formed by Four Major MLSs in the Southeast

Four of the largest Multiple Listing Services (MLSs) in the Southeast have recently formed an alliance, establishing a data sharing network aimed at increasing referral business among real estate agents. The Charleston Regional MLS in South Carolina, Canopy MLS in North Carolina, Georgia MLS, and Realtracs, the largest MLS in Alabama, Kentucky, and Tennessee, have come together to create the Southeast MLS Alliance. This strategic partnership will enable members of these four MLSs to access over 85,000 listings across Alabama, Georgia, Kentucky, North Carolina, Tennessee, and South Carolina, providing real estate agents with valuable data and expanding their referral opportunities throughout the Southeast.

By |October 7, 2023|Categories: AI in Real Estate|Tags: |0 Comments

Family Support: A Solution to Surging Mortgage Rates

The current state of the mortgage market has presented prospective homebuyers with a significant challenge – surging mortgage rates. These rates have reached a 20-year high, hovering around 7.7%, making it increasingly difficult for borrowers to secure affordable loans. As a result, borrowers are actively seeking support from their family members to overcome this hurdle. To combat the impact of surging mortgage rates, borrowers are turning to their parents for financial assistance. This can take the form of gifted funds or by having parents become non-occupant co-borrowers. By involving family members in the mortgage process, borrowers can increase their chances of securing loans and achieving their homeownership goals.

By |October 7, 2023|Categories: Mortgage Rates|Tags: |0 Comments

Allegations Against Keller Williams Withdrawn by Franchisee

In a surprising turn of events, Inga Dow, a prominent Keller Williams franchisee and CEO of multiple Texas-based Keller Williams offices, has withdrawn her sexual misconduct lawsuit against the real estate giant. While Dow's claims against Keller Williams and its co-founder, Gary Keller, have been dropped, the lawsuit against former CEO John Davis remains ongoing. The outcome of this legal battle is still uncertain, and further details may emerge as the case progresses. Stay informed with Cameron Academy's online courses tailored to your needs and goals in the real estate industry.

By |October 6, 2023|Categories: Real Estate Industry|Tags: |0 Comments

Remote Online Notarization (RON) Legislation: A New Era in California

The recent approval of Remote Online Notarization (RON) legislation in California is a significant development that Cameron Academy is thrilled to discuss. This progressive bill, signed into law by Governor Gavin Newsom, enables individuals to notarize their documents remotely using advanced audiovisual technology. The introduction of RON legislation in California brings about numerous advantages that revolutionize the notarization process. By embracing digital advancements, California is empowering individuals and businesses with enhanced convenience and accessibility, significant time and cost savings, improved security, and streamlined workflow.

The Hidden Realities of the Default and REO Industry Uncovered

"Even though mortgage origination volumes are down, we’re experiencing a highly competitive purchase market. That means a number of businesses, seeking to grow their revenue, will likely look to expand their reach to the default and REO space. However, venturing into this industry without proper knowledge and preparation can lead to serious consequences. By understanding the lessons learned from the past foreclosure wave and staying current with the changing environment, businesses can navigate the challenges and seize the opportunities presented by the default and REO market."

By |October 6, 2023|Categories: Default and REO Industry|Tags: |0 Comments

Legal Battle in Real Estate: NAR, Brokerages Allege Sitzer/Burnett Plaintiffs’ Attempt to Evade Cross Examination

In the ongoing legal battle involving the National Association of Realtors (NAR), Keller Williams, and HomeServices of America, a recent development has emerged. The plaintiffs in the lawsuit, known as the Sitzer/Burnett plaintiffs, have filed a notice to withdraw three named plaintiffs. This move is seen by the defendants as an attempt to avoid cross-examination. The lawsuit, initially filed in April 2019, challenges NAR's Participation Rule, which requires listing agents to offer compensation to buyers' agents in order to list a property on a Realtor-affiliated multiple listing service (MLS). The plaintiffs argue that this commission sharing inflates costs for consumers, in violation of the Sherman Antitrust Act. With the trial scheduled to start on October 16, the potential damages in this suit are estimated to be up to $4 billion.