An executive who has held posts with Hearst Autos, CarMax, ADESA, Manheim and Dealertrack now is a part of The Appraisal Lane, a mobile app-based community connecting dealers with valuation experts and buyers to receive cash offers on used inventory,

This week, The Appraisal Lane hired Jordan Walters as its new director of enterprise and OEM sales. Walters, who most recently was director of enterprise sales for Hearst Autos, now is responsible for growing The Appraisal Lane's automotive dealer group and manufacturer business relationships.

Walters kicked off his career at CarMax, managing the company's auction program. At Manheim, he honed his online skills as business director and operations manager. He was then responsible for product sales and dealership implementation at Dealertrack.

Walters served in several managerial roles at ADESA before joining Hearst Autos in 2015. At Hearst, he worked on integration for Car and Driver, Black Book and Jumpstart Automotive Media, building value for brands, dealers and consumers.

“Jordan is a perfect addition to our team,” said Andrew Iorgulescu, co-founder and president of The Appraisal Lane.  “He has extensive industry experience, a successful business development track record, and he understands the needs of dealers and OEMs to improve processes and create a better customer experience.

“As we’re growing into new markets and expanding our community to include consumers, I’m confident Jordan will help accelerate this growth,” Iorgulescu continued.

The company added that Walters’ new appointment comes at a crucial time for The Appraisal Lane on the heels of a record-breaking summer and in the midst of the company’s westward expansion. The Appraisal Lane is now available in 43 states, with plans to be active in West Coast states by year’s end. 

“In a short time, The Appraisal Lane has made a tremendous impact on the used car industry. I’m excited to be a part of this paradigm shift,” Walters said.

“It’s great to be able to leverage my existing relationships and forge new ones for a company that is improving many verticals inside dealer and OEM businesses,” Walters continued. “Our ultimate goal is to drive a transparent and improved personal experience for our clients.”