Residential Services
We provide homeowners, buyers, sellers, and lenders with precise valuations for a variety of needs
Commercial Services
Our team delivers comprehensive reports for businesses, investors, and developers
Specialty & Consulting
Beyond traditional appraisals, Elite Appraisals provides expert support for unique valuation needs
Phillip Thompson, Owner / CEO
pthompson@elite-appraisals.org
(501) 952-8892
Judy Thompson, Director of Operations
jthompson@elite-appraisals.org
(901) 849-0015
our company
Your Trusted Partners in Real Estate Appraisal
For over 21 years, Elite Appraisals, Inc. has proudly delivered trusted, accurate, and timely real estate valuation services across Arkansas, Tennessee, and Georgia. Built on a foundation of professionalism, integrity, and expertise, our team is committed to providing clients with fast report turnaround times without compromising quality.
We believe in combining knowledgeable insights, friendly service, and professional precision to ensure every appraisal we conduct supports confident decision-making—whether for lenders, homeowners, buyers, attorneys, or real estate professionals.
Our appraisers bring a wealth of experience and industry-recognized credentials, ensuring every report meets the highest standards of accuracy and compliance. These qualifications include:
State Certification & Licensing
Continuing Education & Specialized Market Training
Appraisal Qualifications Board (AQB) Compliance
FHA-Approved Appraiser Status
Uniform Standards of Professional Appraisal Practice (USPAP) Certification
our services
Appraisal Solutions
Residential Services
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Mortgage Financing Appraisals (for purchase or refinance)
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FHA, VA, USDA, and Conventional Loan Appraisals
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Private Mortgage Insurance (PMI) Removal Appraisals
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Pre-Listing & Pre-Purchase Appraisals (for sellers or buyers)
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Estate & Probate Appraisals (settling estates, wills, or trusts)
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Divorce Settlement Appraisals
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Bankruptcy or Foreclosure Appraisals
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Tax Appeal & Property Tax Assessment Disputes
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Home Equity & HELOC Appraisals
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Relocation Appraisals (corporate or personal moves)
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Retrospective (Historical) Value Appraisals
Commercial Services
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Office, Retail, and Industrial Property Valuations
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Multi-Family and Apartment Complex Appraisals
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Hotel, Hospitality, and Special-Use Property Valuations
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Vacant Land & Development Site Appraisals
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Subdivision & New Construction Valuations
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Investment Property Appraisals (Income-Producing Assets)
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Leasehold & Ground Lease Valuations
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Eminent Domain & Condemnation Appraisals
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Litigation Support & Expert Witness Testimony
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Market Rent Studies & Feasibility Analyses
Specialty & Consulting Services
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Property Valuation Consulting (advisory without a formal appraisal)
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Desk & Field Reviews (reviewing another appraiser’s report for accuracy)
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Restricted Use Appraisals (limited-scope reports for specific needs)
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Highest & Best Use Analysis
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Market Studies & Comparable Analysis
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Portfolio Valuations (multiple properties for investors/lenders)
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Custom Reporting for Attorneys, Accountants, & Financial Planners
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