Over the past two years, The Ambrose Group has experienced significant success and growth, particularly within our Appraisal Department. Our team has completed thousands of appraisals, each serving various purposes and functions, further demonstrating our industry expertise. In 2023, we completed 3,500 assignments and the following year our performance remained strong with 3,264 appraisals. Our most notable business growth has been driven by mortgage, law, and external review projects, solidifying our reputation as a leader in the appraisal industry.
Mortgage appraisals have been the cornerstone of our appraisal department, representing over half of all active projects in both 2023 and 2024. In 2023, we completed 2,038 mortgage appraisals, followed closely by 2,024 in 2024. These projects have been instrumental in maintaining our department’s stability and reinforcing our strong position within the industry. Their consistent demand underscores our expertise and reliability in mortgage-related valuations.
Additionally, law-based projects have played a consistent and growing role in our success over the past two years. In 2023, we completed 329 law-related appraisals, which increased significantly to 514 in 2024. These projects have been a crucial component of our business, further diversifying our appraisal services portfolio. External reviews have been our third-largest contributor to our appraisal department’s performance over the past two years. We completed 318 external reviews in 2023 and 286 in 2024, enhancing our department’s service offerings.
The Ambrose Group has experienced significant growth in its Appraisal Department over the past two years, completing approximately 6,700 appraisals across various sectors. Mortgage appraisals, law-based projects, and external reviews have accounted for many of these achievements, further solidifying The Ambrose Group’s reputation as a leader in the appraisal industry.