Press Release

Weichert Relocation Resources Appraisal Director Named to New Jersey State Board

Weichert Relocation Resources Inc. (WRRI), one of the world’s leading relocation and assignment management companies, announced that Joseph Palumbo, the company’s director of appraisals and valuation, has been named to the New Jersey Board of Appraisers.

As a member of the state board, Palumbo, along with other board members, will be responsible for licensing real estate appraisers in New Jersey, as well as overseeing inquiries, complaints and investigations, and approving appraisal education.

A certified appraiser since 1986, Palumbo brings more than 25 years of appraisal experience to the Board and has been designated a Senior Residential Appraiser (SRA) by the Appraisal Institute (AI), the nation’s largest professional appraisal organization. A respected educator, he is also an adjunct faculty member at the NYU Schack Institute of Real Estate and qualified to teach the International Valuation Standards, which he taught in Beijing, China, on behalf of the AI in 2010.

“It’s fulfilling to reach a personal and professional goal such as this,” said Palumbo. “More significantly, I’m happy to deepen my experience and subject matter expertise to the ultimate benefit of WRRI’s client companies.”

About Weichert Relocation Resources Inc.: Weichert Relocation Resources Inc. (WRRI) is The Next Practices Company^â, delivering the next generation of relocation and assignment management services that help some of the world's leading companies avoid inventory, increase employee home sales, enhance mobile workforce management and reduce program costs. A Balanced Scorecard Hall of Fame^TM Company, WRRI provides a unique combination of stability, financial expertise and seasoned leadership that has made the company a trusted advisor to clients throughout the world. For more information, visit wrri.com.

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