Executive Management Team
John Forsythe, SRA – President & CEO
John joined Forsythe Appraisals as an appraiser in 1985. After gaining success as an independent insurance agent, his entrepreneurial spirit served him well in his new profession. By 1987, John had earned his SRA designation from the Appraisal Institute, and in 1993, was named Vice President of Forsythe Appraisals. John embraced all aspects of appraising, becoming the company’s expert on relocation appraisals, heading that division. John earned his ASA designation as a machinery and equipment appraiser. He established the company’s reputation in litigation, complex and unique properties, upper bracket, and special-use appraisals. John also developed a rigorous training program for new appraisers, which is still used today. He was named President of Forsythe Appraisals in 1997 and added CEO to his title and duties as President in 2011.
Today, John is actively involved in every aspect of the company, including working with clients, overseeing daily operations, and leading Forsythe Appraisals' overall growth strategy.
John’s family keeps him balanced. His wife, Carlene, and his son and daughter enjoy a very active lifestyle. Their children’s school activities and sporting events take top priority. Travel, time at the lake, skiing, and golf are enjoyed as a family.
Tim Forsythe – Senior Director Of Customer Development
After earning a degree from the University of Minnesota, in 1979, Tim joined his father, Jerry, in continuing Forsythe’s legacy in the real estate and appraisal industry. Within the next two decades, Tim had earned his SRA and SRPA designations and purchased Forsythe Appraisals, becoming its CEO in 1993.
As CEO, Tim set up the framework for aggressive expansion and guided the company’s growth with branch offices ultimately serving 40 metropolitan areas throughout the continental United States, making Forsythe Appraisals the largest independent residential appraisal firm in the country. In October 2011 Tim stepped down as CEO, turning the reigns over to his brother and company President John Forsythe, and taking on his current role as Senior Director of Customer Development. In this position he focuses all of his efforts on strengthening relationships with new and existing customers of Forsythe Appraisals.
A participant in numerous annual conferences and events, including ERC, Mortgage Bankers Association, NAMB and TAVMA, Tim has served on the Advisory Board for Lender’s Service, Inc., and on the Board of Directors for MAPA (Minnesota Association of Professional Appraisers), Minnesota Union Builders, and The Retreat.
Alan Hummel, SRA – Senior Vice President, Chief Appraiser
Like the Forsythe brothers, Alan is the product of a successful family-owned appraisal business. Here are some of the highlights of our chief appraiser’s unparalleled career:
For 23 years as President and CEO of Iowa Residential Appraisal Company, Alan provided his clients—from Des Moines to the Twin Cities—solutions to an equally broad variety of real estate issues. During this time, Alan served as the National President of the Appraisal Institute and as a member of their executive committee and board of directors. He has testified before the U.S. Senate and the U.S. House of Representatives on mortgage fraud and appraisal issues.
As Forsythe’s chief appraiser, Alan is integral to Forsythe’s continued growth—as a company and an industry leader. At any given moment, you’ll find him busy spearheading quality control or mentoring the next generation of Forsythe appraisal experts. And he continues to be invited to speak nationwide on these and other topics, from predatory lending and technology-related issues to banking associations and numerous real estate industry groups.
Alan attended Iowa State University where he received his Bachelor of Science Degree. He and his wife, Karen, reside in St. Paul, Minnesota, with their four children.
Bill Nolte – Chief Financial Officer
Bill is Forsythe Appraisals’ Vice President of Finance and Chief Financial officer, having joined the company in 2008. His role at Forsythe Appraisals is to direct all facets of finance, Information services, and the human resource departments. He is responsible for strategic, tactical, and programmatic management of staffs and projects in these three areas.
Bill’s extensive career spans more than three decades. Prior to Forsythe Appraisals, Bill held multiple CFO, Controller or Director of Finance leadership positions in various industries with sales 30 million to 1.1 billion in revenue both public and in the private sector. His industry experience includes high technology, medical device, manufacturing, construction, software, healthcare, retail, and service sectors. Bill is a graduate of Ernst & Whitney (Ernst and Young), and held financial leadership roles with Bioscrip, Inc. (NYSE: BIOS), DIGI International, Inc. (NASDAQ: DGII), Ontrack Data (NASDAQ), Siemens Dental, ACI Telecentric, Inc. (NASDAQ:ACI).
Bill is a graduate of the University of South Carolina where he earned two Bachelor of Science degrees in Business Administration majoring in Accounting and Marketing. He is a licensed Certified Public Accountant in the states of Minnesota and South Carolina, and has served on various Board of Directors roles including The Twin Cities Financial Executives International and the Okoboji (Iowa) Yacht Club.
Rick Hansen – Director Of Operations
Rick has been with the company since 2008 and spent the first several years supporting Forsythe Appraisals’ branch managers in opening new sales channels and creating enhanced avenues for lead generation and appraiser recruiting. In 2011 he was named the company’s new Director of Business Development, and then in 2012 he was appointed to his current position as Director of Operations.
In this role, Rick is responsible for overseeing the day-to-day operations of existing and new branches, with a focus on developing and implementing action plans to ensure that branch productivity and efficiency are aligned to achieve the company’s established short and long range strategic goals.
Rick has more than two decades of industry experience, including 20 years growing and managing 35 branches at First American Title, one of the nation’s largest title insurance and settlement service providers. Following First American, Rick was General Manager at RHR Information Services, a Minneapolis-based background screening firm with nationwide clients.
Rick holds a Bachelors of Science degree in business, and a Masters Degree in Business Administration.
Bridget Kent – Director Of Business Development
Bridget has been with Forsythe Appraisals since 1993. As Director of Business Development, she is responsible for leading the sales and client relations efforts of the company’s branch offices, which serve major metropolitan areas throughout the continental United States.
Bridget is extremely knowledgeable about all elements of Forsythe Appraisals’ branch operating structure. She began her career in the scheduling department and worked her way up, eventually becoming a top-selling, award-winning Manager in the Minneapolis/St. Paul branch, the company’s largest such office. She maintains that role in addition to her position as Director of Business Development.
Bridget holds leadership positions with a number of major industry groups, including the Minnesota Mortgage Association and the North Metro Realtors Association, and is a frequent presenter on appraisal topics. She served a term in 2012 on the Board of Directors for the Minnesota Mortgage Association.
Brett Talbott – Director Of Marketing
Brett started with Forsythe Appraisals as its Marketing Manager in 2009 and was promoted to his current position of Director of Marketing in 2011. Brett is responsible for managing and executing marketing and PR initiatives including development of branding and communication strategies, strategic recommendations, sales and marketing collateral, sales force support and training, industry visibility, marketplace viability, promotion, trade show and conference planning and participation, competitive analysis, Website management, social media, budgeting, traditional and electronic media relations and outreach, and internal marketing and communications.
In his 20 years of marketing experience prior to joining Forsythe, Brett has worked in leadership positions at both small, entrepreneurial companies such as SPAR Marketing and Epley Research, as well as at some of the largest and most highly regarded companies in the world, including Carlson and McGraw-Hill.
Brett earned his Bachelor of Arts in Communications from the University of Iowa and is actively involved with the University of Iowa Alumni Association and Twin Cities I-Club.
Patti Pray – General Manager, Central Quality Control & Centralized Operations
Patti is a trained appraiser who has been with the company since 2002. She spent the first 8 years involved in appraiser relations and quality assurance, prior to being appointed manager of the company-wide quality assurance department in 2010.
In her role as General Manager of Centralized Operations, Patti supervises a staff of more than 40 individuals responsible for all of the day-to-day operations, including order entry, scheduling, shipping, and customer relations, while also maintaining her management role in Central Quality Control.
Patti attended the University of Minnesota where she received her Bachelor of Science Degree. When not working, Patti enjoys biking, and spending time with her family and friends at the lake.
We’re ready for your next appraisal. Contact us at 651-486-9550 and let’s get started.