Remove 2009 Remove Appraisal Process Remove Clients Remove Loan Officers
article thumbnail

Understanding the Role of an Appraisal Management Company

AmeriMac

Appraisal Management Companies (AMCs) play a crucial role in the real estate industry by providing independent appraisal services to lenders and other clients. While most people are familiar with the concept of an appraiser, many may not be aware of the important role that AMCs play in the appraisal process.

article thumbnail

What Does an Appraisal Management Company (AMC) Do?

AmeriMac

They go through the administrative process of actually hiring and retaining an appraiser. They will also deliver the report to the lender or other client as well. The AMC will generally have “on call” appraisers that they use regularly for specific projects. AMCs as a concept were developed in the 1970s.