Two of the top real estate appraisal management companies, Solidifi and Kirchmeyer, are joining forces to become the 3rd largest independent provider of residential real estate appraisals in the country.
The combined entity will operate under the Solidifi name moving forward. Currently, Solidifi services more than half of the nation’s top lenders.
“Following a $22 million financing in 2012, Solidifi is in growth mode and Kirchmeyer is an important part of our overall growth strategy. It is the ideal fit for Solidifi,” said Jason Smith, president and CEO of Solidifi.
Solidifi is big into technology. To date, Solidifi invested more than $25 million in its technology platform, which will benefit the appraisal performance for Kirchmeyer customers, both companies say.
Solidi also uses cloud-based technology to provide flexible and scalable appraisal management and data security.
“Solidifi’s technology and broad appraiser network will complement our own network and I and my team are excited to continue to service our current and future customers with these extended capabilities,” said James Kirchmeyer, CEO of Kirchmeyer & Associates.
“I have worked with both firms and know firsthand that Solidifi and Kirchmeyer value high-quality appraisers,” said Kevin Wang from AccuFast Appraisal Services.
The companies will consolidate offices in Buffalo, NY.