Class
Valuation,
one
of
the
largest

appraisal
management
companies
(AMCs)
in
the
country,
has
tapped
Andrew
Bough
as
its
new
chief
operating
officer.

Bough,
who
most
recently
served
as
executive
vice
president
at


Valuation
Connect,
a
subsidiary
of
Class
Valuation,
has
more
than
30
years
of
experience
in
the
appraisal
and
valuation
industry.
He
began
his
career
as
an
appraiser
and
has
previously
held
leadership
positions
at

Solidifi
and

Chase.

“His
deep
industry
knowledge,
proven
leadership,
and
commitment
to
operational
excellence
make
him
the
ideal
person
to
help
us
continue
to
grow
and
innovate,”
John
Fraas,
CEO
of
Class
Valuation,
said
in
a
statement.

Troy,
Michigan-based
Class
Valuation
acquired
Valuation
Connect,
formerly
of

Mortgage
Connect
LP,
in
November
2023
for
an
undisclosed
sum.

Class
Valuation
has
been
among
the
more
acquisitive
AMCs
over
the
past
five
years.
In
early
2022,
the
company
acquired
Detroit-based
AMC


Metro-West
and
its
subsidiary

Valuation
Link.
At
the
time,
Class
Valuation
claimed
Metro-West
was
the
“largest
independent
residential
appraisal
firm
in
the
country”
with
appraisers
in
80
U.S.
metro
areas.

In
August
2022,
the
company
acquired
Chandler,
Arizona-based
AMC


AppraisalTek
before
acquiring
Maine-based


AMC
PropertyVal
in
December
of
that
year.

Its
other
notable
acquisitions
in
recent
years
include
reverse
mortgage-focused
AMC


Landmark
Network
in
2018
and
Texas-based
AMC


Janus
Valuation
&
Compliance
in
2019.
In
2021,
operating
as
Class
Valuation,
the
company
acquired


Pendo
Management
in
Kansas
City.

Class
Valuation
was
recently
named
as
a


HousingWire
Tech100
award
winner.
The
firm
claims
to
have
completed
more
than
2
million

appraisals
and
has
a
panel
of
more
than
20,000
independent
appraisers
who
handle
requests
in
all
50
states.

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