AMCs to Pay Appraisers C&R Fees
Call to Action in Support of Virginia Senate Bill Requiring AMCs to Pay Appraisers C&R Fees
Finally, you have an opportunity to get what you have been screaming for: customary and reasonable fees for your work.
On January 23, 2015, Senator Martin offered Senate Bill NO. 1445, requiring appraisal management companies to pay appraisers customary and reasonable fees. The bill mirrors the language in Dodd-Frank. A copy of SB 1445 as introduced is attached.
Please contact your legislative representatives in support of this important legislation. VAR’s support will be important to the success of this bill. Please include VAR and Realtors in your advocacy efforts for the passage of this bill.
No more whining- time to start making some phone calls!!