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#2144607 - 08/31/17 10:23 PM Uniform Appraisal Fees
Mel in WA Offline
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Joined: Mar 2013
Posts: 1,266
My bank currently uses one Appraisal Management Company (AMC) and has established set pricing for all appraisals, regardless of where the property is located. We are looking to engage two other AMCs. One company will match the current pricing, but the other company charges a higher appraisal fee in one particular county. When dealing with multiple AMCs, have you had difficulty establishing a set price for all? I'm not comfortable with a higher price in a certain county, just because a different AMC is selected.

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#2144610 - 08/31/17 10:43 PM Re: Uniform Appraisal Fees Mel in WA
Truffle Royale Offline

10K Club
Joined: Jul 2003
Posts: 17,400
What's the reason behind the higher price in that one county by only this one company?
Honestly, this would move that AMC off my list as a company to use.
I'm not one to take on the risk of having to explain this to an examiner.

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