Velox Valuations Launches New Franchise Business to Raise the Bar for Appraisal Services Across the Piedmont Region

“As entrepreneurs, we were looking for an opportunity that combined a strong business model with community impact, and we found that with Velox Valuations,” said Luke Gribbon, co-owner of Velox Valuations in the Piedmont. “The franchise model gives us the support and resources needed to build a successful appraisal business. The Piedmont region is a high-growth market that continues to see significant development, and we look forward to fulfilling a demand for reliable valuation services in the area.”

Gribbon is a finance professional with experience in entrepreneurship. He is joined by business partner Jay Moreau, whose background lies in real estate and construction. Together, the pair plan to provide valuation services and engage certified appraisers across North Carolina’s Piedmont region. With Velox Valuations’ resources and technology, they aim to deliver valuation services across the market.

“Luke and Jay bring the business acumen and growth mindset that make for successful franchisees at Velox,” said Chad Barker, CEO of Velox Valuations. “As we prepare to launch this new franchise, we’re focused on supporting its success while making the appraisal process seamless for residents. We’re excited to have Luke and Jay on board as part of our thoughtful expansion into high-demand markets across the country.”

Velox Valuations states that it uses a direct approach connecting appraisers with clients without intermediaries. The process emphasizes precision, consistency, and accountability. By using digital tools and a streamlined workflow, the firm provides valuations that require verification of accuracy. The company has a team of full-time, exclusive appraisers and operates in numerous states.

The company describes its business model as a way for appraisers to operate under a recognized brand. It indicates a long-term approach focused on sustainable, equity-based business models.