Skip to content
BOL Conferences
Thread Options Tools
#2053742 - 12/11/15 03:02 PM Are appraisal management companies vendors?
Cornfed Turtle Offline
Diamond Poster
Joined: Mar 2006
Posts: 1,323
"...Somewhere in Middle Americ...
I always feel as though I need to start my posts with "settle a bet...."

Are our AMCs vendors? We utilize them to engage the appraiser, receive/deliver the report, review the report and pay the appraiser.

I say vendor, but I appear to be the only one. Critical vendor, no, but vendor.

Return to Top
General Discussion
#2053763 - 12/11/15 04:07 PM Re: Are appraisal management companies vendors? Cornfed Turtle
#Just Jay Offline
10K Club
#Just Jay
Joined: Oct 2006
Posts: 14,390
Cheeseheadland
You hire them to do work for you. Vendor.
_________________________
I don't repeat gossip, so listen closely...

Return to Top
#2053785 - 12/11/15 05:16 PM Re: Are appraisal management companies vendors? Cornfed Turtle
CompliantOkie Online
Gold Star
CompliantOkie
Joined: Dec 2013
Posts: 425
OOOOOOklahoma
Absolutely agree with you both. They're definitely vendors.

Originally Posted By Cornfed Turtle
I always feel as though I need to start my posts with "settle a bet...."

And this cracked me up!! laugh

Return to Top
#2053978 - 12/14/15 03:42 PM Re: Are appraisal management companies vendors? Cornfed Turtle
HappyGilmore Offline
10K Club
Joined: Jun 2004
Posts: 19,844
Pulling people out of the ditc...
Originally Posted By Cornfed Turtle
I always feel as though I need to start my posts with "settle a bet...."



you will always get a faster response if, within your post, you agree to share said bet winnings...just saying wink
_________________________
Providing alternative truths since the invention of time

Return to Top
#2054082 - 12/14/15 08:33 PM Re: Are appraisal management companies vendors? Cornfed Turtle
rlcarey Online
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,220
Galveston, TX
You might even get the answer you are looking for more often smile
_________________________
The opinions expressed here should not be construed to be those of my employer: PPDocs.com

Return to Top
#2054216 - 12/15/15 05:00 PM Re: Are appraisal management companies vendors? rlcarey
Cornfed Turtle Offline
Diamond Poster
Joined: Mar 2006
Posts: 1,323
"...Somewhere in Middle Americ...
True! I say vendor; everyone with me gets cookies. Flawed system suggested BY the auditor.

Return to Top
#2054232 - 12/15/15 05:57 PM Re: Are appraisal management companies vendors? Cornfed Turtle
#Just Jay Offline
10K Club
#Just Jay
Joined: Oct 2006
Posts: 14,390
Cheeseheadland
You may find it helpful in attempting to change the language in your shop from 'vendor' to 'third party' to get others thinking more broadly. While I tend to often be at loggerheads with this over the lead of our 'Vendor' management committee (he heads up IT and deals with 'vendors'), it gets other department personal think a little further about their relationships, and ends up improving their buy in in completing (or at least attempting) required due diligence.
_________________________
I don't repeat gossip, so listen closely...

Return to Top