Lunch & Learn: Are appraisals the next big opportunity in mortgage fulfillment?

This Lunch & Learn for mortgage lenders will explore the evolution of the appraisal process as well as opportunities for innovation.

Why brokerages and mortgage lenders are rushing into JVs

Joint ventures are suddenly stitched into the fabric of a handful of national brokerages. But the idea of the joint venture collides with the loose, informal networks that color the American housing economy.

How to simplify the appraisal process for everyone in today’s hot market

While the world might be slowly getting back to normal, the housing boom is far from over. Appraisers need to make sure they have the right tools to manage the high demand.

Robert Dietz on why the single-family rental market is growing

In this episode of HousingWire Daily, NAHB's Robert Dietz explains why the marketshare of single-family rentals is growing despite strong homebuyer demand. He also discusses the NAHB’s latest Housing Market index.

Real Estate

2017 HW Vanguard: Alex Elezaj

CEO of Class Appraisal

New to the industry in 2015, Alex Elezaj has made a tremendous impact at Class Appraisal and the industry in a short period of time. Under his tenure as CEO, Class Appraisal has more than tripled its annual revenue and built strategic business partnerships with more than a thousand of the nation’s top performing appraisers. elezaj

Now the company is doing business with more than 300 lenders, including several of the Top 25 financial institutions in the country. 

Since Elezaj took the reins, Class Appraisal has introduced several new technologies, such as Lead Time Calculator, a web-based interface that allows users to check on the lead time for an appraisal in a certain area. The information is based on collected historical data and provides a snapshot of what is happening in a particular area. 

Over the past three years, Class Appraisal has experienced annual growth rate increases of more than 70%, and is expecting to continue their momentum over the course of the next several years.

In the last year, Class Appraisal revenue is up more than 40%, and the company is set on being the No. 1 appraisal management company in the country. Elezaj’s leadership is all about his focus on people, culture, and building the ultimate client experience. 

“Treating people well, always doing the right thing, and being in the weeds of your business are an absolute requirement to leading a company,” Elezaj said. “Many leaders lose sight as to how important it is to know all of the little things that are going on in their respective business.”

What has been your secret to success?

“Treat people well, always do the right thing, and be in the weeds of your business.”

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3d rendering of a row of luxury townhouses along a street

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