LRES Acquires Commercial and Residential Evaluation Provider InsideValuation
LRES has announced that it has acquired InsideValuation, a provider of commercial and residential evaluations. Headquartered in Reno, Nev., InsideValuation brings to LRES its commercial and residential interagency-compliant evaluations, performed by its strong network of more than 25,000 field agents. Through this acquisition, InsideValuation’s hybrid and appraisals products can now be produced under LRES’ AMC licenses with jurisdictions in all 50 U.S. states and complying with state regulations.
This acquisition of InsideValuation by LRES will further enhance LRES’ product offerings and client base. In addition, InsideValuation customers also now have access to LRES’ technology solutions through LRES DirectConnect Integration Hub, which optimizes and accelerates the valuation ordering process.
"InsideValuation looks forward to becoming a part of the LRES family. We are pleased with the match of our company cultures, which will ensure that our clients continue to receive the high level of service that they have grown to expect," said Susan Chauncy, CEO of InsideValuation. "This merger is a win-win, as InsideValuation's commercial valuation experts will strengthen LRES' commercial unit and LRES' diverse product line will enhance our overall product offerings."
“We are excited that InsideValuation is joining our team at LRES as we continue to expand our markets,” said Roger Beane, founder and CEO of LRES. “We know this acquisition will strengthen our mission at LRES and offer expanded service offerings to various business channels to our valued customers.