Home appraisal company takes new approach to traditional industry

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    Having founded Stonegate, an Indianapolis-based mortgage company, in 2005 and taken it public a few years later, Jim Cutillo got an insider’s look at how residential properties are appraised and valued. When he left Stonegate in 2015, Cutillo took some time to figure out his next move. He wound up in the St. Petersburg area, where he mulled his options.

    “I literally sat in Pass-A-Grille for a year,” Cutillo said, “and was like, ‘OK, so what am I going to do now? Do I really want to do anything?’ It took me about a year and half, maybe two years. I did a whole bunch of market research on my own.”