A Family Tradition
Delivering unsurpassed client satisfaction is more than the Forsythe Appraisals mission. It is a Forsythe family tradition with roots stretching back to 1940, when Al Forsythe invited his sons, Jerry and Bob, to develop the appraisal aspect of his growing real estate business in northeast Minneapolis. Eventually, Forsythe would also develop commercial and industrial expertise, including appraising machinery and equipment.
By 1963, Jerry had earned his SRA designation and became owner of Forsythe Appraisals. During the 70s and 80s, his wife, Charlotte, and several of their children became appraisers—earning Forsythe Appraisals’ recognition from the Society of Real Estate Appraisers for an unprecedented number of designated appraisers coming from one family.
In 1987, Tim Forsythe bought the business from his father, and began to expand the company into greater Minnesota and the upper midwest. In 2004, Minneapolis-based private equity firm Hillcrest Capital Partners invested in the company to help it grow into markets nationwide. As a result, Forsythe Appraisals grew into the nation's largest independent residential real estate appraisal firm. During this period, Tim’s brother John was named President (1997) and ultimately succeeded his brother as CEO in 2011.
In 2016, Forsythe Appraisals was acquired by First American Financial Corporation and became an operating unit within First American Mortgage Solutions. Today, Forsythe Appraisals is poised for unprecedented growth. Joining the First American family brings with it incredible data, tools, technology, brand recognition, and client relationships. Forsythe Appraisals and First American share a vision to establish a best-in-class appraisal model that features a unique combination of data, appraisal production, and leading technology to create a valuation solutions provider that delivers the accountability, flexibility and service that is wanted and needed by every constituent in the mortgage lending marketplace.
We’re ready for your next appraisal. Contact us at 651-486-9550 and let’s get started.