Class Valuation announces Cristy Conolly as EVP of Valuation Modernization
Troy, Mich., May 17, 2022 – Class Valuation, a leading national Appraisal Management Company, announced today that Cristy Conolly has been appointed to the position of Executive Vice President of Valuation Modernization.
Conolly will be focused on a key part of valuation modernization—the responsible standardization of appraisal data. Her efforts will help Class Valuation play a role in removing bias from the equation in the appraisal space utilizing technology to provide source of truth property data. In addition, Class remains vigilant in driving scalable processes to offer continuous feedback to our partners with valuation gaps that are under or over the contract sales price.
“We are thrilled to have Cristy on our team. Her role in appraisal modernization will continue to help eradicate bias in the system,” said Scot Rose, Chief Innovation Officer at Class Valuation. “We are fortunate to have someone of her caliber and experience to lead those efforts.”
Conolly brings 18 years of industry experience with her into this role, having begun her career as a field appraiser in the Philadelphia metro area. She went on to become Chief Appraiser and Compliance Officer for a national appraisal management company, and later served as Senior Vice President of Operations for another national AMC, Pendo Management, before it was acquired by Class.
“I’m honored that Class has brought me in to oversee responsible appraisal modernization. They share my passion for working with industry stakeholders to improve outdated processes and make sure fairness in valuation is accessible to all properties, buyers, and sellers who leverage new technology and source data in our 3D scanning. This will continue to improve the system of valuation. We will lead the way on driving diversity hires into the profession with our partners in the industry,” said Conolly.
As a result of her leadership, Conolly was awarded the peer-nominated and voted Valuation Visionary Award in 2020. She served on the Governor-appointed Florida Real Estate Appraisal board for four years, spending one year as chair during her term. Conolly will become an integral part of the Class Valuation executive management team.
About Class Valuation:
Class Valuation is a top nationwide Appraisal Management Company (AMC), delivering outstanding quality and service to every client. The company is committed to combining the best people, products, processes, and technology available to help lenders make more homeownership dreams come true. Class has consistently been ranked highly in client service by several of the nation’s top ten mortgage lenders and has been recognized as a top place to work, along with receiving many other industry awards. Founded in 2009, Class Valuation is headquartered in Troy, Michigan. For more information, please visit www.classvaluation.com.