Action | Initial Appraisal Management Company Regulations |
Stage | Proposed |
Comment Period | Ended on 3/28/2014 |
As a state certified residential appraiser, i fully support the regulation of all AMC's in Virginia. Furthermore, I would also like to see the implementation of regulating "customary and reasonable fees" for all AMC's (as recently passed in Louisiana). Appraisers deserve to be compensated for the quality of their work not by how quickly they turn around an assignment and/or how low of a fee they are willing to accept for an assignment. Thank you for your time and consideration on this matter.