In 1981, at the age of 25, Tom Kane purchased Dubuque Auction and Real Estate Services. After a few years, the auction service was conducting over 110 auctions per year. The company also brokered real estate while doing personal property and real estate appraisals. In 1992, Tom sold the auction business to pursue doing real estate appraisals full-time. Kane Appraisal Services, Inc. was started.
Tom and his wife Julie started doing real estate appraisals from their home. Tom did the appraisals while Julie processed them. The appraisal business grew rapidly, and new appraisers were added to the team. Today Kane Appraisal Services has 9 staff members, including 5 full-time appraisers.