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Shield Realty Company, Inc. has served the Tidewater area from the same location, SHIELD OFFICE BUILDING, since F. Ray Shield, Jr., opened the doors in 1955. Back then, the realty was situated in Princess Anne County, only later to become the city of Virginia Beach. During this period the firm mostly brokered undeveloped tracts of land.

In 1969 Ray Shield’s son, Frank, joined the company and took the reins from his retiring father. In the mid-1970’s two more members of the family came onboard: Bill (Frank’s brother) and Sara (Frank’s wife). During this period, the national real estate scene began to evolve and the simple mortgages of yesteryear provided by neighborhood banks were becoming more complicated with ever more restrictions on the lending process. The days of home loans where the bank sent the Board of Directors to visit and inspect the property proposed as collateral was rapidly becoming a thing of the past.

Accordingly, in the mid 70’s, investors and auditors began requiring “appraisals” to support the value of the collateral property to justify the loan. Because of the stature and stability of Shield Realty Company along with its principals’ substantial knowledge of the local marketplace, banks began to call on us to appraise properties. This led to the birth of Shield Appraisal Company, now a subsidiary of Shield Realty Company.

In 1976, the Veteran’s Administration (VA) appointed Frank to the VA Appraisal Panel. Shortly thereafter Bill joined the panel and Sara eventually did too. All three appraisers continue to serve on the VA Panel, as well as the Federal Housing Administration (FHA) roster, and are approved by most (if not all) conventional lenders.

In 1990, Shield Realty Company expanded into Property Management by becoming Veteran Administration Management Brokers for Virginia Beach. For the next fourteen years, the firm managed and oversaw more than 1500 VA acquired homes. At one point, our inventory exceeded 200 units. And over the years we gradually expanded the property management division to include the rental homes and vacation homes of private owners.

In approximately 2004, the Virginia Beach Circuit Court appointed Frank to sit on the Assessment Board of Equalization as an Administrative Law Judge due to his extensive and lengthy experience in the valuation of Virginia Beach homes. He continued in this capacity for the next four years and heard and adjudicated countless cases of property assessment disputes.

As the 21st century marches on, all three divisions of Shield Realty Company continue to be an integral part of the firm’s identity. Shield Realty Company remains a highly successful and greatly respected locally owned small business, and we look forward to serving our community for the next 50 years just as we have for the last 50 years.

Sara P. ShieldTitle: Principal Broker &
Certified Residential Appraiser
Phone: 757.581.2846
Franklin R. Shield IIITitle: Broker Emeritus &
Certified Residential Appraiser
Phone: 757.481.7190 x225
William ShieldTitle: Associate Broker
Phone: 757.481.7190 x224
Corey JohnsonTitle: Sales Associate &
Certified Residential Appraiser
Phone: 757.408.0312
David SmithTitle: Associate Broker
Phone: 757.581.4242
Helen McDonaldTitle: Sales Associate
Phone: 757.426.6653
Linda ChanceTitle: Certified Residential Appraiser
Phone: 757.576.1051