Class Appraisal announces new president

by MPA15 Dec 2017

The nationwide appraisal management company announced the appointment of John Fraas as its president earlier this week.

“We are delighted to have John join our company, as it represents our continued commitment to
building the best team in the industry in order to drive our future growth initiatives,” Class
Appraisal CEO Alex Elezaj said. “John brings a great deal of leadership skills to our team and is
a perfect cultural fit.”

Fraas brings with him operations experience. He most recently served as president and CFO of Detroit-based Fathead.

Per Class Appraisal in a statement: “After achieving 98 percent year-over-year growth in 2016, Class Appraisal is on track to grow another 40 percent in 2017. Fraas is excited for the opportunity to join a company that has experienced such exponential growth. His primary responsibilities will include overseeing the day-to-day operations and aiding in the execution of the company’s strategic plans.”

“Class Appraisal has become one of the fastest-growing and most-respected appraisal
management companies in the country,” Fraas said. “I’m looking forward to working with such a
passionate and motivated team so we can continue to innovate and provide exceptional service
for all of our business partners.”