Thursday, November 19, 2009

Best Appraisal Management Companies to Work For

Appraisal management companies, in general, have been stereo-typed as unethical & greedy. & while I can agree with this on some levels, as I am an appraiser myself, there has been a shift in the reliability & effectiveness of a quantity of the older AMC's as well as a sure change in the newer companies that are popping up all over the nation.

So, how do you know which AMC's are the best?

As appraisers have expressed their unhappiness & frustration at the large appraisal management companies, lots of of the the smaller companies have begun to change their policies. They are working toward getting qualified appraisers in the local market area to perform the appraisal, they are taking smaller commissions, they are not demanding 24 hour turn times, & they are giving consistent work to those appraisers that turn in quality reports.

Three bit of advice...be careful with some forums. Some are great & some are a place where they can spout out all their woes about appraisal management companies. While I agree with a lot of what they say, they are not looking for solutions, they are looking for a place to vent. There's still thousands of appraisers who enjoy what they do for a living & are willing to share information.


Unfortunately, they can be difficult to find. Talking to other appraisers is a great way to find out if they are reputable. Going to forums & discussing the appraisal management companies you are interested in. Appraisers are a wealth of information, but don't discount an AMC because you listen to three bad account. Over likely, you will need to sign up with them yourself & see how you are personally treated. I have heard lots of stories of how an AMC treated three person well & another person badly.

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