Comments on: AMCs…Some Statistics

By: Will

Will — Tue, 06 Jan 2026 20:56:52 +0000

This is what I needed to hear. Thank you.

By: Griffin Hall

Griffin Hall — Thu, 06 Jun 2024 03:30:32 +0000

Hi, this is really great information. Do you happen to have updated data on the AMC market? Wondering if it’s changed at all in recent years.

By: Mike Allen

Mike Allen — Wed, 15 Jul 2015 16:39:18 +0000

OK, I agree that most AMCs are not worth working for. My perspective as a California based appraiser may be different from other places in the US but, I can’t blame the AMCs for all the ills that affect us as an industry. Some time ago, I decided that I wouldn’t work for AMCs unless they pay me a reasonable fee. This means I got on the web, pulled down lists of direct lenders and wholesale lenders, and started making calls. I asked if I could get onto their panels. With any cold-calling effort, the percentage of success is very low (-5%). Bottom line, you have to put in the effort and stop taking the easy approach (AMCs). Get on the phone, spend the time, and take charge of your business. Unless you change what you’re doing, you’ll get what you already have. I now have about 6-7 clients and have to decline orders (good paying ones >$400). I was working 70-80 hours/week and have since, scaled that back. So, it CAN be done but it takes a little time and effort on the appraiser’s side. If people don’t like working for AMCs, I have to ask, “What have you done lately, to change it?”. Maybe in some areas AMCs are the only option but, think outside the box. There are LENDERS OUTSIDE YOUR STATE making loans in your area. So, call them!! Do the work. You may be surprised.

By: Wayne

Wayne — Sat, 30 May 2015 19:07:09 +0000

In reply to Retired Appraiser.

Appraisal Management Companies serve no purpose and are only parasites to appraisers working in this occupation. I have watched a dog or cat try to scratch off a tick knowing they are harmful. However, appraisers actually “apply” to have these blood sucking AMCs latch on! Many of these same clowns will soon be doing the “FHA crawl”. They will slither with the snakes under a house with no clue what they are looking for. Oh well…..some of us do see the humor!

By: Baggins

Baggins — Fri, 15 Aug 2014 23:52:27 +0000

1% of amc’s have adopted a cost plus model, and soon that will be a whole 2%. LOL! I’ll believe it when I see it.

By: Retired Appraiser

Retired Appraiser — Thu, 07 Aug 2014 17:56:56 +0000

…and 73% of the AMCs owner’s surveyed stated that this is the most profitable scam…er…business they’ve been involved with during their professional careers. The remaining 27% chose to ignore the question on the grounds that it may lead to self incrimination.