A National Appraisal Management Company History
Valuation Management Group was created in 2006 by Vicky Thompson after proposing to a client the idea of independently managing his entire appraisal process from inception to completion. Prior to Valuation Management Group, Thompson started Priority Services, a traditional appraisal company.
Significant growth occurred in 2008 when the “Home Valuation Code of Conduct” required mortgage bankers to have an independent appraisal process, beginning in May of 2009. In December of 2010, the “Interagency Appraisal and Evaluation Guidelines” gave guidance to banks and credit unions to ensure independence and robust reviews.
The company has grown to more than 60 employees because of the need in the appraisal market. VMG’s headquarters are located in two buildings off of Powers Ferry Road in Marietta, GA with a branch office in Birmingham, AL.