GRAND RAPIDS, Mich., September 13, 2013 -- Start Garden, the $15,000,000 seed fund that selects individual ideas each week for investments, today announced Appraisal150, which offers home appraisal services at a discounted price, was selected by the public and Start Garden team from submissions to startgarden.com.
Scott Allen Packer, a full time real estate appraiser and entrepreneur, will receive $5,000, pending the completion of the investment agreement, to find a reliable, local programmer, who will help re-design a new website, and rebrand the company for a national launch.
“Appraisal150 is a network of independent licensed appraisers. Our website utilizes common sense tools that put the homeowner in charge throughout the process,” said Packer. “By automating the ordering, delivery, and scheduling process, Appraisal150 can lower the time and overhead costs of an appraisal, cutting the cost by more than 50 percent.”
While online services such as Zillow and CyberHomes offer an automated, algorithm based valuation, utilizing publicly available data, they don’t accurately estimate a home’s value. Appraisal150 appraisals are full interior/exterior inspections with the same detail and quality demanded by banks and the court system.
The Start Garden management team accepts submissions through startgarden.com. Ideas with potential to become businesses can be submitted. Each week the Start Garden team selects an idea and the broader community on the website endorses another idea to receive $5,000. Start Garden can continue to invest up to $500,000 in a single idea. Learn more about submission criteria at startgarden.com/help/criteria.
The next round of $5,000 investments will be announced Thursday, September 19, after the noon deadline. The next Update Night is Thursday, September 26. Learn more about Start Garden events at startgarden.com/events.