Appraisal Management Companies

Appraisal Management Companies (AMCs) act as intermediaries between lenders and appraisers in the real estate industry. When a property is being bought or refinanced, lenders hire AMCs to manage the appraisal process, ensuring that it’s unbiased and compliant with regulations. AMCs select qualified appraisers, coordinate the appraisal, and deliver the results to the lender. This helps maintain fairness in property valuations, reduces potential conflicts of interest, and streamlines the appraisal process, ultimately contributing to the security of real estate transactions.