[Ranking] TOP 25 Real Estate Appraisal / Real Estate Companies Q3/2023
Intro
The real estate industry plays a crucial role in the worldwide economy, serving as a cornerstone for economic growth and development. It encompasses various sectors, including real estate appraisal, which is essential for determining the value of properties.
Real estate appraisal has a profound influence on the overall real estate market and has ripple effects across diverse industries. Accurate appraisals enable informed decision-making for buyers, sellers, investors, and financial institutions, impacting lending practices, property taxation, and investment strategies.
With the global real estate market on an upward trajectory, the importance of real estate appraisal is heightened. As property values continue to rise, there is an increased need for reliable and unbiased appraisals to ensure fair transactions and informed investments.
Recent trends in the real estate appraisal industry include the integration of technology, such as artificial intelligence and big data analytics, to enhance efficiency and accuracy. Additionally, changing regulations and market conditions create both opportunities and obstacles for appraisers, shaping the industry's landscape.
The real estate appraisal industry is constantly evolving, reflecting the dynamic nature of the real estate market. Staying updated with the latest trends and advancements is crucial for professionals in this field. In this article, we will explore some of the top companies in the real estate appraisal sub-industry, highlighting their contributions and expertise in this ever-changing landscape.
Ranking
#25 Appraisal Institute
Employees: 1.6K
Revenue: 150M$
Website: https://www.appraisalinstitute.org/
Description: The Appraisal Institute is a leading professional association in the real estate appraisal industry. Headquartered in Chicago, United States, the organization was founded in 1932. With a team of approximately 1.6K employees, the Appraisal Institute provides a wide range of services, including education, research, and advocacy, to its members who are involved in the valuation of real property. The organization plays a crucial role in maintaining high professional standards and promoting ethical practices among real estate appraisers. Through its website, appraisalinstitute.org, the Appraisal Institute offers resources, publications, and tools to support the professional development and growth of its members. With a revenue of approximately 150 million dollars, the Appraisal Institute continues to be a trusted and influential entity in the real estate appraisal industry.
#24 LendingTree, Inc.
Employees: 1.2K
Revenue: 500M$
Website: https://www.lendingtree.com
Description: LendingTree, Inc. is a leading company in the Real Estate Appraisal industry. Headquartered in Charlotte, United States, LendingTree was founded in 1996. With a workforce of approximately 1.2 thousand employees, the company operates a robust online platform that connects consumers with multiple real estate appraisers. LendingTree provides a convenient and efficient way for consumers to obtain accurate property valuations for buying, selling, or refinancing purposes. The company has established itself as a trusted source for real estate appraisals, offering a wide network of licensed appraisers across the United States. LendingTree generates an annual revenue of around 500 million dollars, solidifying its position as a key player in the Real Estate Appraisal industry.
#23 Real Matters Inc.
Employees: 1.2K
Revenue: 700M$
Website: https://www.realmatters.com
Description: Real Matters Inc. is a leading provider of technology and network management solutions for the real estate appraisal industry. Headquartered in Toronto, Canada, the company was founded in 2004. With a team of approximately 1.2 thousand employees, Real Matters offers a wide range of innovative solutions that streamline the appraisal process, improve efficiency, and enhance the accuracy of property valuations. The company's platform leverages advanced data analytics and automation to connect appraisers, lenders, and other industry stakeholders, facilitating faster and more reliable appraisals. Real Matters has achieved significant success in the real estate appraisal industry, generating an annual revenue of 700 million USD.
#22 Ellie Mae, Inc.
Employees: 2K
Revenue: 800M$
Website: https://www.elliemae.com
Description: Ellie Mae, Inc. is a leading Real Estate Appraisal technology company headquartered in Pleasanton, California, United States. Founded in 1997, the company has grown to a workforce of approximately 2,000 employees. Ellie Mae provides innovative software solutions and services that streamline the real estate appraisal process, helping appraisers efficiently manage their workflow, reduce turn times, and deliver accurate valuations. Their comprehensive platform offers features such as automated data collection, advanced analytics, and integrated compliance tools. With a focus on enhancing efficiency and accuracy, Ellie Mae has become a trusted partner for real estate appraisers across the United States.
#21 Redfin Corporation
Employees: 4.5K
Revenue: 1.2B$
Website: https://www.redfin.com
Description: Redfin Corporation, based in Seattle, United States, is a prominent player in the Real Estate Appraisal industry. The company, founded in 2004, has a workforce of approximately 4.5 thousand employees. Redfin specializes in providing real estate appraisal services, offering accurate and reliable property valuation to clients. With their innovative technology and data-driven approach, Redfin has revolutionized the real estate industry by providing transparent and efficient appraisal solutions. The company's website, https://www.redfin.com, serves as a platform for clients to access their services and obtain property valuation reports. With an annual revenue of 1.2 billion dollars, Redfin continues to establish itself as a trusted and reputable name in the real estate appraisal sector.
#20 Marcus & Millichap, Inc.
Employees: 1.5K
Revenue: 1.2B$
Website: https://www.marcusmillichap.com
Description: Marcus & Millichap, Inc. is a leading real estate brokerage firm specializing in commercial real estate investment sales, financing, research, and advisory services. Headquartered in Calabasas, United States, the company operates in the Real Estate Appraisal industry. With over 1.5 thousand employees, Marcus & Millichap provides comprehensive services to clients across North America. The firm was founded in 1971 and has since established itself as a trusted partner for investors, developers, and property owners, delivering innovative solutions and expert market insights. Marcus & Millichap's revenue stands at 1.2 billion dollars, making it a key player in the real estate industry.
#19 Newmark Group, Inc.
Employees: 5K
Revenue: 1.2B$
Website: https://www.newmarkgroup.com
Description: Newmark Group, Inc. is a leading real estate appraisal company headquartered in San Francisco, United States. With a rich history dating back to 1929, the company has established itself as a trusted name in the industry. Newmark Group offers comprehensive real estate appraisal services, providing expert valuations and assessments for a wide range of properties. Their team of highly skilled professionals combines industry expertise with cutting-edge technology to deliver accurate and reliable appraisals. With a workforce of approximately 5,000 employees, Newmark Group operates across North America, serving clients in the residential, commercial, and industrial sectors. The company has achieved significant financial success, generating an annual revenue of around 1.2 billion dollars.
#18 Altisource Portfolio Solutions S.A.
Employees: 2.5K
Revenue: 1.2B$
Website: https://www.altisource.com
Description: Altisource Portfolio Solutions S.A. is a leading provider of real estate appraisal services. Headquartered in Atlanta, United States, Altisource operates in the Real Estate Appraisal industry. With a team of approximately 2,500 employees, the company offers comprehensive appraisal solutions to clients across North America. Altisource's services include property valuations, market analysis, and appraisal management services, ensuring accurate and reliable assessments for real estate transactions. Since its establishment in 2009, Altisource has achieved impressive revenue of 1.2 billion dollars, positioning itself as a major player in the industry. Through its innovative approach and commitment to excellence, Altisource continues to meet the evolving needs of the real estate market.
#17 CoStar Group, Inc.
Employees: 4.1K
Revenue: 1.2B$
Website: https://www.costargroup.com
Description: CoStar Group, Inc. is a leading provider of commercial real estate information, analytics, and online marketplaces. Based in Washington, D.C., the company was founded in 1987. CoStar Group operates in the Real Estate Appraisal industry, offering a comprehensive suite of services that help investors, brokers, and property owners make informed decisions. With a team of approximately 4,100 employees, CoStar Group collects, verifies, and analyzes data on millions of properties across the United States and around the world. Their platform provides access to property information, market insights, and industry trends, empowering users to evaluate investment opportunities and optimize property performance. CoStar Group generates annual revenue of 1.2 billion dollars, making it a key player in the commercial real estate industry.
#16 RealPage, Inc.
Employees: 5.0K
Revenue: 1.2B$
Website: https://www.realpage.com/
Description: RealPage, Inc. is a leading provider of software and data analytics solutions for the real estate industry. Headquartered in Richardson, Texas, the company offers a comprehensive suite of services designed to streamline and optimize real estate appraisal processes. With a team of approximately 5,000 employees, RealPage serves clients across North America, providing innovative technology solutions that enhance efficiency and accuracy in property valuation. Since its founding in 1998, RealPage has been at the forefront of driving digital transformation in the real estate appraisal industry. The company's robust software platforms and advanced analytics capabilities empower appraisers to make informed decisions and deliver accurate property valuations. RealPage's commitment to innovation and customer satisfaction has established it as a trusted partner for real estate professionals seeking reliable and efficient appraisal solutions.
#15 Black Knight, Inc.
Employees: 3K
Revenue: 1.2B$
Website: https://www.blackknightinc.com/
Description: Black Knight, Inc. is a leading provider of technology, data, and analytics solutions to the real estate industry. Headquartered in New York City, the company was founded in 1962. With a workforce of approximately 3,000 employees, Black Knight offers a range of innovative products and services in the real estate appraisal sector. They provide advanced appraisal management solutions, leveraging cutting-edge technology and data analytics to streamline the appraisal process and improve efficiency. The company's comprehensive suite of appraisal tools and services enables lenders, appraisers, and other real estate professionals to make more informed decisions and mitigate risk. With annual revenue of 1.2 billion dollars, Black Knight is a trusted partner for real estate professionals seeking reliable and accurate appraisal solutions.
#14 RE/MAX Holdings, Inc.
Employees: 130K
Revenue: 1.3B$
Website: https://www.remax.com
Description: RE/MAX Holdings, Inc. is a leading real estate brokerage company operating in the Real Estate Appraisal industry. Headquartered in Denver, United States, RE/MAX was founded in 1973. With approximately 130,000 employees, RE/MAX generates an estimated revenue of 1.3 billion dollars. The company focuses on providing a wide range of real estate services including appraisals, sales, rentals, and property management. RE/MAX is known for its global network of franchisees who are supported by the company's advanced technology platforms and marketing tools. With a strong presence in the real estate market, RE/MAX continues to be a trusted brand for both buyers and sellers seeking professional and reliable real estate services.
#13 Walker & Dunlop, Inc.
Employees: 0.7K
Revenue: 1.6B$
Website: https://www.walkerdunlop.com
Description: Walker & Dunlop, Inc. is a leading provider of commercial real estate financial services in the United States. Based in Bethesda, Maryland, the company specializes in providing financing solutions for all types of income-producing properties, including multifamily, office, retail, industrial, and hospitality. With a history dating back to 1937, Walker & Dunlop has established itself as a trusted partner for real estate investors and developers, offering a wide range of services such as mortgage banking, investment sales, and property appraisal. The company's team of experienced professionals leverages their deep market knowledge and extensive network to deliver tailored solutions that meet the unique needs of their clients. With a commitment to excellence and a focus on innovation, Walker & Dunlop continues to drive the growth and success of the real estate industry.
#12 CoreLogic, Inc.
Employees: 5.5K
Revenue: 1.7B$
Website: https://www.corelogic.com
Description: CoreLogic, Inc. is a leading provider of real estate appraisal solutions in the real estate industry. Headquartered in Irvine, United States, CoreLogic specializes in providing comprehensive property valuation and analytics services to help clients make informed decisions. With a strong focus on data accuracy and advanced technology, CoreLogic offers innovative solutions that facilitate efficient property appraisals and enhance risk management. Since its founding in 1991, CoreLogic has grown to become a trusted partner for real estate professionals, offering reliable insights and solutions to address valuation challenges. With a team of over 5.5K employees, CoreLogic continues to drive innovation and provide cutting-edge solutions to the real estate appraisal industry. With an annual revenue of 1.7B$, CoreLogic remains a key player in the market, dedicated to delivering high-quality services and driving industry advancements.
#11 HFF, Inc.
Employees: 1.5K
Revenue: 2B$
Website: https://www.hfflp.com
Description: HFF, Inc. is a real estate appraisal company headquartered in Pittsburgh, United States. Founded in 1998, the company has grown to employ approximately 1,500 professionals. HFF specializes in providing comprehensive real estate valuation services, including property appraisals, market analysis, and investment advisory. With a focus on accuracy and thorough analysis, HFF serves clients in the real estate industry by providing reliable and unbiased valuation reports. The company's expertise spans across various property types, including residential, commercial, industrial, and land. HFF's commitment to delivering high-quality appraisal services has made it a trusted partner for real estate investors, developers, lenders, and other stakeholders in the industry. With annual revenues of around 2 billion dollars, HFF has established itself as a leading player in the real estate appraisal sector.
#10 Rocket Companies, Inc.
Employees: 20K
Revenue: 2B$
Website: https://www.rocketcompanies.com/
Description: Rocket Companies, Inc. is a leading player in the Real Estate Appraisal industry. Headquartered in Detroit, United States, the company has been operating since 1985. With a workforce of approximately 20,000 employees, Rocket Companies offers a wide range of appraisal services to the real estate market. Their expertise lies in providing accurate valuations of residential and commercial properties, helping clients make informed decisions regarding buying, selling, or investing in real estate. Rocket Companies' commitment to delivering high-quality appraisals has earned them a strong reputation in the industry. With annual revenue of 2 billion dollars, Rocket Companies continues to thrive and expand its presence in the real estate market.
#9 PennyMac Financial Services, Inc.
Employees: 10K
Revenue: 2.5B$
Website: https://www.pennymacusa.com
Description: PennyMac Financial Services, Inc., headquartered in Westlake Village, United States, is a leading company in the Real Estate Appraisal industry. Founded in 2008, PennyMac provides a range of services in the real estate sector, with a focus on appraisal services. With a workforce of approximately 10,000 employees, the company has established itself as a major player in the industry. PennyMac has achieved significant financial success, generating an annual revenue of 2.5 billion dollars. Through its expertise and comprehensive solutions, PennyMac continues to contribute to the growth and development of the real estate appraisal sector.
#8 Zillow Group, Inc.
Employees: 5.5K
Revenue: 2.7B$
Website: https://www.zillowgroup.com
Description: Zillow Group, Inc. is a leading company in the Real Estate Appraisal industry. Based in Seattle, United States, Zillow Group operates primarily through its website, Zillow.com, which provides users with comprehensive real estate data, including home listings, property values, and rental information. The company was founded in 2006 and has since grown to become a trusted source of information for home buyers, sellers, and renters. With a team of approximately 5,500 employees, Zillow Group has established itself as a key player in the real estate market, offering innovative tools and services to help individuals make informed decisions about their housing needs. In 2020, the company reported a revenue of 2.7 billion dollars.
#7 Colliers International Group Inc.
Employees: 15K
Revenue: 3.2B$
Website: https://www.colliers.com
Description: Colliers International Group Inc. is a leading global real estate services and investment management company headquartered in Seattle, United States. With a history dating back to 1976, Colliers has established itself as a trusted name in the real estate appraisal industry. The company operates in North America and provides a wide range of real estate services, including appraisal, brokerage, property management, and investment advisory. Colliers has a team of approximately 15,000 employees who are dedicated to delivering exceptional results for clients. With a revenue of 3.2 billion dollars, Colliers is recognized as one of the top players in the real estate industry.
#6 IHS Markit Ltd.
Employees: 17K
Revenue: 4.3B$
Website: https://ihsmarkit.com/
Description: IHS Markit Ltd. is a global information provider operating in the Real Estate Appraisal industry. Headquartered in New York, United States, the company was founded in 1959. With a workforce of approximately 17,000 employees, IHS Markit offers a wide range of real estate appraisal services to clients worldwide. The company provides comprehensive and accurate valuations of residential, commercial, and industrial properties, utilizing advanced data analytics and valuation models. Their expert appraisers assess market conditions, property features, and comparable sales to determine fair market values and support informed decision-making for buyers, sellers, and lenders. IHS Markit's real estate appraisal services play a crucial role in facilitating real estate transactions, investments, and asset management strategies, ensuring transparency, reliability, and compliance with industry standards.
#5 Realogy Holdings Corp.
Employees: 11.5K
Revenue: 6.1B$
Website: https://www.realogy.com
Description: Realogy Holdings Corp. is a leading provider of real estate services in the United States. Headquartered in Madison, New Jersey, Realogy operates in the real estate appraisal industry. Founded in 2006, the company has grown to employ approximately 11,500 people. With a revenue of 6.1 billion dollars, Realogy offers a wide range of services to homebuyers, sellers, and real estate agents. Their portfolio of brands includes well-known names such as Coldwell Banker, Century 21, Sotheby's International Realty, and ERA. Realogy's mission is to empower people to realize their dreams of homeownership and help them navigate the complex real estate landscape with their expertise and innovative solutions.
#4 First American Financial Corporation
Employees: 19.5K
Revenue: 6.1B$
Website: https://www.firstam.com
Description: First American Financial Corporation is a leading provider of title insurance, settlement services, and risk solutions for real estate transactions. Headquartered in Santa Ana, California, the company operates in the Real Estate Appraisal industry. With a history dating back to 1889, First American has established itself as a trusted partner to homeowners, lenders, and real estate professionals. The company employs approximately 19.5 thousand people and generates annual revenue of 6.1 billion dollars. First American's comprehensive range of services includes property research, title searches, escrow services, and property valuations, making it an integral player in the real estate industry.
#3 Cushman & Wakefield Plc
Employees: 53K
Revenue: 8.2B$
Website: https://www.cushmanwakefield.com/
Description: Cushman & Wakefield Plc is a leading global real estate appraisal company headquartered in Chicago, United States. With a history dating back to 1917, the company has established itself as a trusted and reliable player in the real estate industry. Cushman & Wakefield operates in the real estate appraisal sector, providing comprehensive valuation services for a wide range of properties including residential, commercial, and industrial assets. With a workforce of approximately 53,000 employees worldwide, the company brings extensive expertise and market knowledge to deliver accurate and objective appraisals. Cushman & Wakefield's annual revenue stands at 8.2 billion dollars, reflecting its strong presence and success in the real estate appraisal industry.
#2 Jones Lang LaSalle Incorporated
Employees: 92K
Revenue: 16.6B$
Website: https://www.jll.com/
Description: Jones Lang LaSalle Incorporated, headquartered in Chicago, United States, is a leading company in the Real Estate Appraisal industry. Founded in 1783, JLL has established itself as a prominent player in providing comprehensive real estate appraisal services. With a workforce of approximately 92,000 employees, JLL operates globally, offering expertise in property valuation, market analysis, and financial modeling. Their services cater to a wide range of clients, including investors, developers, lenders, and corporations. JLL's commitment to delivering accurate and reliable appraisals has earned them a reputation for excellence in the industry. Their website, https://www.jll.com/, provides detailed information about their services and showcases their extensive portfolio of successful appraisal projects.
#1 CBRE Group, Inc.
Employees: 100K
Revenue: 23.9B$
Website: https://www.cbre.com
Description: CBRE Group, Inc. is a leading global real estate services and investment firm headquartered in Los Angeles, United States. With a history dating back to 1906, CBRE operates in the real estate appraisal industry, providing a comprehensive range of services including property valuation, market analysis, and consulting expertise. The company leverages its extensive global network, industry-leading research, and innovative technology solutions to deliver accurate and reliable appraisals for clients across various sectors, including commercial, residential, industrial, and retail properties. CBRE's team of highly skilled professionals utilizes their deep market knowledge and expertise to assess property values, identify emerging trends, and provide strategic recommendations to clients, helping them make informed real estate investment decisions. With a workforce of approximately 100,000 employees, CBRE generates annual revenues of 23.9 billion USD, making it one of the largest and most influential players in the real estate appraisal industry.
Summary
The real estate appraisal industry is experiencing significant growth, with several companies emerging as industry leaders. These companies have achieved remarkable success through their innovative approaches and exceptional customer service.
One unexpected finding is the increasing use of technology in the real estate appraisal process. Many top companies are leveraging advanced data analytics, artificial intelligence, and machine learning to improve the accuracy and efficiency of their appraisals.
Among the premier companies in the real estate appraisal sub-industry are Company A, Company B, and Company C. These companies have established themselves as market leaders and are known for their expertise and professionalism.
One common element driving the prosperity of these leading firms is their commitment to staying updated with industry regulations and standards. They invest in continuous training and development of their appraisal professionals to ensure the highest quality of service.
What sets these eminent companies apart from their industry rivals is their ability to provide personalized and tailored appraisal solutions. They understand the unique needs of their clients and offer customized services that meet their specific requirements.