IRR-Residential Adds Offices and Staff

June 26, 2008
A residential valuation company is focusing on adding depth to its nationwide coverage and providing compliance oversight.

Residential appraisal firm IRR-Residential has added new affiliated firms in four markets. The company also announced the addition of a new chief appraiser and compliance officer.

The new affiliates are IRR-Residential Krantz Appraisal Firm in Missouri; IRR-Residential Value Experts in both New Orleans and Baton Rouge, La.; and IRR-Residential Rayburn Appraisals & Consulting, in Chicago, according to a statement from the Kansas-based company.

“In today’s real estate market, independence, size, product offering and quality of service are necessary to meet the needs of lenders,” commented John Wood, president and chief operating officer of IRR-Residential.

Thomas M. Munizzo, IFA, DAR, CAR is now the chief appraiser and compliance officer. According to company officials, Munizzo started his career 22 years ago with the family-owned Munizzo Appraisal Co. and was president of the National Association of Independent Fee Appraisers in 2006.

“We are fortunate to have found someone with Tom’s background as both an independent appraiser and someone who has been employed by leading lending institutions,” Wood stated in conjunction with this announcement.

Munizzo also commented that he looks forward to working to ensuring IRR-Residential complies with Fannie Mae and Freddie Mac’s new Home Valuation Code of Conduct (HVCC).


We are very excited about the addition of Tom Munizzo and the new offices of IRR-Residential. Very few residential appraisal firms are actually growing in these tough times, but IRR-Residential is.
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