Report and Analysis: Readers Respond (Read Article) What Appraisers Say >> “Mr. Kantorovich (quoted in the first story) is accurate in his assessment of the Cuomo deal. Pressure on appraisers will not be eliminated but shifted from the brokers to the AMCs. Quality will suffer further as AMCs require an eight-hour turnaround time and they preset…
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2024 Appraisal Management Company Resource Guide Updated for 2024 – Over 180 Verified AMCs! Save time applying – most entries contain link to online application The First 41 AMCs listed are proven to send work and pay good fees in most areas. Includes 46 NEW AMCs in this edition! Verified AMCs – Apply to the…
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Editor’s Note: Some appraisers are being paid full fees for their appraisal work, even though the orders are coming from AMCs. Here’s how it works. First published in Working RE print, Volume 31. Fee Solution – Cost-Plus AMC Model? by Isaac Peck, Associate Editor Some appraisers are being paid full fees for their appraisal work,...…
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If you work with Appraisal Management Companies (AMCs) or are willing to keep an open mind about it, here are several key points on how to find the best companies to work for and how to make more money with less struggle, according to one appraiser who is doing just that.
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Editor’s Note: Fast becoming one the profession’s most pressing problems, another AMCs has failed; this time leaving individual agents/brokers owed thousands or tens of thousands of dollars. How the lender and regulators respond may create important precedence for the industry. AMC Fails: Appraisers and Agents Stiffed Again By Isaac Peck Evaluation Services/ES Appraisal Services is…
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Editor’s Note: One appraiser with considerable experience as an “ordering agent” for lenders- a kind of AMC, has practical advice for fellow appraisers on the effective use the “conditional decline” to get more high-paying orders.
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Editor's Note: Most appraisers know how to be form fillers but an appraiser who is a good businessperson also, is harder to find. Here are some tips from the field.
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Editor’s Note: You’d be amazed all you don’t know regarding your rights as an appraiser. The following was gleaned from the webinar series: How to Limit Liability, Maintain Independence, and Fight Influence by Richard Hagar, SRA. How Well Do You Know Your Rights? By David Brauner, Editor Here are some questions for you- the answers...…
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Editor’s Note: Here are details on a new “recovery” fund designed for appraisers who are owed money by bankrupt AMCs. AMC “Recovery Fund” for Appraisers First of Its Kind by David Brauner, Editor More than one appraisal management company (AMC) has shuttered its doors owing millions of dollars to appraisers in unpaid fees- now one…
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According to appraiser David Smith, AMCs just need to be told to do their job.
“When an AMC receives a request from a lender for more information, BANG, it is immediately forwarded to the appraiser for correction without the AMC reviewing the legitimacy of the lender’s request,” says Smith (not his real name). “I often wonder…
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