What is an appraisal management company (AMC)?

An Appraisal Management Company (AMC) is an independent real estate appraisal company hired by a lender to perform valuations on potentially mortgaged properties. AMCs select state-licensed or state-qualified appraisers to valuate properties and deliver appraisal reports to lenders.

Who are the best appraisers?

Chris, Liv, and Nancy are the BEST! They are quick to respond, and the team is always available to help! I love all the help they give to Brokers and Lenders. Always fast and efficient. Jesse Wilcox Was very helpful and helped when I needed him the most. I've worked with nationwide as an appraiser for over 20yr.

How does a real estate appraisal system work?

When the system works correctly, the AMC chooses an appraiser with local knowledge of the market for the property being appraised. AMCs maintain a pool of state-licensed or state-qualified appraisers to meet requests from lending institutions. An appraiser is then assigned to provide an appraisal report for the property.