ValPros Blog

AMC - Appraisal Management Company

So what is an AMC?   AMC's are appraisal management companies.  They essentially transact the appraisal process between the Lenders and the Appraisers. 

In the past, these companies have produced somewhat of a bad reputation amongst appraisers due to low fees, low quality and high pressure.

However, recently, a new crop of AMC's has emerged, some with impeccable quality and service, AND most importantly, a great attitude towards Appraisers.

These higher quality appraisal management companies are usually run by appraisers OR have appraisers on their boards, and are much better prepared for interacting with local appraisers.  They are very good in paying their appraisers in a timely manner, and they produce overall, a much higher quality product, than some of these so called "legacy" amc's.

Bottom Line:  The new generation of AMC's are a far cry from those that came before and are the AMC's that both Lenders and Appraisers are looking to work for. 

~ Jared Bonner

     State Certified Residential Appraiser

     ValPros Appraisal Firm, Triad, North Carolina

Recommended AMC's:

 A full service nationwide AMC 

                                 www.appraisalpro.com