Velox Valuations is a real estate appraisal franchise offering residential and commercial valuation services, serving lenders, attorneys, investors, and homeowners, and known for fast turnaround times, centralized technology, and a scalable business model supporting remote work and national coverage.
Velox Valuationsis a national real estate appraisal and valuation services franchise designed for modern property markets. The company was founded in 2020 to provide accurate, compliant, and timely residential appraisal services. It serves lenders, attorneys, real estate professionals, and private property owners across multiple U.S. markets.
Velox Valuations is headquartered in Indianapolis, Indiana, and operates through a growing network of licensed and certified appraisers. The brand focuses on residential property valuations, including single-family homes and small residential assets. Its centralized systems support consistent quality and efficient turnaround times.
The company began offering franchises in 2024, allowing experienced appraisers and business-minded professionals to operate under a national valuation brand.
Initial investment
The initial investment required for a Velox Valuations franchise is
$36,000 - $60,000.
That is the total cost you would need to finance if you were to start this franchise.
These costs are provided by the franchisor in the Franchise Disclosure Document.
Type of expenditure
Amount
Initial franchise fee
$20,000 – $20,000
Rent, utilities, and leasehold improvements
$0 – $0
Market introduction program
$3,000 – $5,000
Computer systems
$3,000 – $4,000
Insurance
$400 – $1,200
Vehicle
$0 – $3,000
Signage
$400 – $2,000
Office expenses
$500 – $1,000
Licenses and permits
$500 – $2,000
Professional fees
$1,000 – $3,000
Travel, lodging, and meals for initial training
$2,000 – $4,000
Additional funds (first 3 months)
$5,000 – $15,000
Total
$35,800 – $60,200
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Type of expenditure
Amount
Initial franchise fee
$20,000 – $20,000
Rent, utilities, and leasehold improvements
$0 – $0
Market introduction program
$3,000 – $5,000
Computer systems
$3,000 – $4,000
Insurance
$400 – $1,200
Vehicle
$0 – $3,000
Signage
$400 – $2,000
Office expenses
$500 – $1,000
Licenses and permits
$500 – $2,000
Professional fees
$1,000 – $3,000
Travel, lodging, and meals for initial training
$2,000 – $4,000
Additional funds (first 3 months)
$5,000 – $15,000
Total
$35,800 – $60,200
Franchise Disclosure Document
Below is Velox Valuations's 2025 Franchise Disclosure Document. Upgrade to Pro or purchase the FDD to view and download the document.
Number of units
Velox Valuations had 42 total units in 2025, of which 1 were franchised-owned and 41 company-owned.
Velox Valuations offers a structured and comprehensive training program aimed at preparing franchisees to run their business successfully. The program combines in-person and virtual components, with content tailored to both practical business management and appraisal-specific skills. Here are the main components of the training:
Initial Training Program: This program includes 50 hours of instruction covering compliance, legal matters, technology services, business strategy, sales, and operations. Training takes place at Velox Valuations’ offices in Greenwood, Indiana, and includes both classroom learning and on-the-job demonstration.
Final Exam Requirement: Franchisees must complete training to the franchisor's satisfaction, including passing a final exam at least four weeks before opening their business.
Post-Opening Training: The franchisor may require additional training for the Principal Executive or employees at any time, in any format or location, with costs for travel and lodging covered by the franchisee.
Ongoing Support: Monthly videoconference calls provide continued operational support. Although not mandatory, the franchisor retains the right to implement additional or refresher courses as needed.
Supplemental Training: If more than three people attend initial training, or if training occurs post-opening (including for replacement managers), a fee is charged. Virtual training may be offered at a reduced or no fee.
Territory Protection
Velox Valuations offers franchisees a defined territory outlined in their agreement, typically based on population size, geographic markers, or other market characteristics. While franchisees are granted a protected territory in which no other Velox Valuations business will be established or allowed to market without permission, this protection is conditional upon full compliance with the franchise agreement.
Franchisees are restricted from marketing or serving customers outside their territory without written approval from the franchisor, and violations may result in financial penalties.
Although Velox Valuations provides territorial protections, these are not exclusive in the broader sense. The franchisor and its affiliates retain broad rights to operate, market, and serve customers anywhere, including within an existing franchisee’s territory, through other channels like the internet, direct marketing, or National Account programs.
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