Acquisition strengthens leading nationwide Appraisal Management Company’s footprint in Northeast
SCOTTSDALE, Ariz., July 1, 2022 /PRNewswire/ — Opteon, a leading international provider of valuation, advisory, and property services, has announced its acquisition of Northeastern Appraisal Associates Residential (NEA), a Buffalo, New York-based appraisal management company (AMC) and staff appraisal firm. This partnership expands Opteon’s presence in the Northeast, strengthening its nationwide service offerings and faster turn times in the fourth largest US real estate market.
Northeastern Appraisal Associates Residential has been delivering high-quality appraisal reports to the New York community since its inception in 1972. NEA has top-tier staff and panel appraisers throughout the New York region, servicing some of the nation’s top mortgage lenders and originators. The partnership will also provide great new benefits for current NEA clients, such as extended business hours, a multi-level 200-point QC process, and coverage in all 50 states with 13,000+ panel and 250+ staff appraisers.
“We have always focused on providing high-quality appraisals to our clients. With the market rapidly changing in recent years, we must remain at the forefront of change to continue providing such excellent service. Partnering with Opteon guarantees we are able to provide our clients with an industry-leading experience,” said Salvatore Vacanti, Vice President of Operations for NEA. Salvatore…
