Hey, guess what!? I actually received an order from an appraisal management company today! Now, in fairness, it is the only one I’m signed up with, and they are a smaller regional company, but still…YIPPEE!
Really, I don’t have anything against these guys. Are they owned by the company doing the loan? You bet! Is that wrong? You bet?
Has anybody seen that Youtube video with Hitler talking about the HVCC? It’s awesome, I’ll find in and post a link.
By the way, don’t get me wrong on the orders that I don’t get from AMCs. I haven’t signed up with any, except this regional one that sent an order today. I am not going to work in a system where professionalism and responsibility are not rewarded.
I’d say 95% of my work now comes from word of mouth and established business relationships built on mutual trust and respect. That’s the way I like it.
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The system is leaving no time soon and as a, appraiser or broker of either real estate or loans there is something you must know. Many folks jumped into “being an AMC” because they recently saw an opportunity. I hear many similar stories as yours and many stem from poorly run operations. Before you enlist your trust in one, make sure it has geocoded sort ordering and enough appraisers to make it work . This is key because the smaller and newest ones don’t. I know HVCC is effecting different areas in different ways but, I would look at the few AMCs who have been around BEFORE HVCC . They seem to have issues worked out and systems in place. .