Latest news with #DartAppraisal
Associated Press
19-05-2025
- Business
- Associated Press
Dart Appraisal Appoints Michael Dresden CEO
TROY, MICHIGAN / ACCESS Newswire / May 19, 2025 / Dart Appraisal, a nationwide independent appraisal management company (AMC), has officially appointed Michael Dresden as its new Chief Executive Officer. He is only the second individual to occupy this role in the company's 32-year history. In his new position, Michael will oversee all company operations and spearhead ambitious growth initiatives. Career Journey Michael joined Dart Appraisal in 2009 as the Director of Operations. Since becoming President, he has driven significant growth through a combination of onboarding new clients and strengthening relationships with existing ones. Under his leadership, the company has successfully acquired three AMCs since 2018, broadening Dart's footprint in the Commercial appraisal sector and setting up offices in Georgia and New Jersey. In recent years, Dresden initiated the expansion and development of Dart Appraisal's executive management team while remaining dedicated to enhancing the company's culture and core values for all employees. 'It is an honor and a privilege to come to work every day and lead this amazing company,' Dresden expressed. 'I'm incredibly proud of everything the Dart team has achieved over the past 16 years, and I'm thrilled about what lies ahead for our company.' Commitment to Growth Dart is focused on becoming the leading Appraisal Management Company by concentrating on four essential pillars: Dresden, a certified Six Sigma Green Belt and licensed real estate appraiser, earned his Bachelor of Science degree from Illinois State University. In 2024, he was recognized as an Industry Titan by National Mortgage Professionals magazine and serves on the board of the Michigan Mortgage Leaders Association. He currently resides in Birmingham, Michigan. Contact Information Lon Bollenbacher VP, Marketing [email protected] SOURCE: Dart Appraisal press release
Associated Press
13-05-2025
- Business
- Associated Press
Dart Appraisal Launches New "Portfolio AVM" Product
TROY, MICHIGAN / ACCESS Newswire / May 13, 2025 / Dart Appraisal, an independent, nationwide appraisal management company (AMC), continues to expand its product offerings with the launch of its new Portfolio AVM solution. Built with speed, accuracy and scale in mind, Portfolio AVM is ideal for Lenders who service loans they originate and Servicers who purchase from the original lending institution. 'We pride ourselves on listening to the needs of our customers and developing customized solutions to meet those needs. In this case, our clients were asking for a more cost-effective way to value large portions of their portfolio for both oversight and opportunity identification. All other methods, including traditional AVM pulls was just too cumbersome and cost prohibitive' said Michael Dresden, CEO of Dart Appraisal. 'Portfolio AVM is our response to that need and another example of how Dart prioritizes and acts on the needs of our clients. We're excited about the early adoption of Portfolio AVM and encouraged by the positive feedback we've been receiving since product rollout'. An automated valuation model calculates an estimated property value by using mathematical models along with a database of similar properties. A Portfolio AVM can do this for thousands of properties at a time so that servicing. This allows Servicers to: Available nationwide, Portfolio AVM reporting includes a value range with confidence score. Dart believes that the best way to get the most accurate valuation of a property is through a skilled, licensed appraiser. But we also know that a full appraisal is not always possible or required. So, if you are a Lender or Servicer who wants a quick, effective way to evaluate your loan portfolio, we'd love to discuss Portfolio AVM with you as well as our suite of other valuation products to see what best suits your specific needs. You can email us at [email protected] or call us at Contact Information Lon Bollenbacher VP, Marketing SOURCE: Dart Appraisal press release
