Virginia Regulatory Town Hall
Agency
Department of Professional and Occupational Regulation
 
Board
Real Estate Appraiser Board
 
chapter
Appraisal Management Company Regulations [18 VAC 130 ‑ 30]
Action Initial Appraisal Management Company Regulations
Stage Proposed
Comment Period Ended on 3/28/2014
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3/13/14  5:37 pm
Commenter: Bob Hummer HTwo Evaluation Services, Inc.

AMC Regulation
 

AMC's are destroying the appraisal profession. They do not pay reasonable fees and often assign the work to appraisers who are located outside the subject's property area. They can be slow in paying invoices and demand short turn times that reduce the accuracy of the appraisal. Please adopt regulations similar to what  Louisiana is planning to adopt.

CommentID: 31317