Do I need an appraisal management companies list? Well, the question is "Are you getting enough appraisal work?" and "Are you considering other careers because the market is so slow?" You are not alone. Over 5,000 appraisers in California alone closed their doors this year due to lack of work.
While over half of the independent appraisal population has lost over 50% of its income from 2 years ago, there are numbers of appraisers that have actually improved and grown during this difficult downturn in the market. What has made the difference for them? Appraisal management companies lists.
I know, some of you may be groaning right now or saying, "There is no way I will work for one of those companies!" I will admit that there are some AMC's that are terrible out there. You feel like you work for pennies and they want the appraisal in 24 hours. Well, let me tell you, they are not all like that.
As appraisers have let these larger companies know how they feel, hundreds of smaller companies have popped up that offer great fee splits, reasonable turn times and they treat you well. Yes, some of them are still bad, but that is definitely not a reason to throw them all out.
The Big Question - Do I Need an Appraisal Management Companies List?
The answer is a most definite, "Yes!", and I will you give you five reasons:
#1- Appraisal management companies are hard to find online.
#2 - You will make more money.
#3 - You will expand your business, even during this economy.
#4 - FHA will follow most HVCC rules and order appraisals through AMC's in 2010.
#5- You can pick and choose from a large list which AMC's you want to work for.
With proper marketing and an appraisal management companies list, you can quickly bring your income back up to where it was and beyond. Most of us, including me, enjoy appraising and the freedom and income it brings. The last thing I wanted to do was give up a lucrative career and start over again. Well, from experience, I can tell you that you don't have to do that. Get an appraisal management companies list and spend the time and effort it takes to sign up with all 300+ companies. From there, as you start to receive jobs, you can choose whether you want to work for them or not.
With appraisers dropping out of the business like crazy, it is leaving a gap that you can fill by making yourself available to the AMC's. Again, do your homework and pick up an appraisal management companies list, today. You won't be sorry.
HVCC Frequently Asked Questions (FAQs)
In order to curb some undesirable effects of the residential appraisal process Fannie Mae adopted an agreement that went into effect May 1, 2009. This article includes the frequently asked questions about the new HVCC ruling.
Signing Appraisal Management Company Contracts
When the HVCC rules came into effect in mid 2009, appraisers learned quickly that working with appraisal management companies wasn’t an option, but a necessity. Although there are many small “here today, gone tomorrow” amc’s, the larger companies were well prepared with their legal contracts and processing software to bring in and maintain thousands of appraisers nationwide.
Top 5 Reasons to Buy an Appraisal Management Company List
With the new HVCC rules coming into affect in mid 2009, appraisers found out very quickly that working for appraisal management companies wasn’t an option, but necessary to stay in business. Finding these appraisal management companies can become very tedious and frustrating. This article will give you the top 5 reasons to buy an appraisal management company list or directory.
