| Description: | It is true that more than 5,000 appraisers have closed their businesses down due to the lack of financial opportunity available to them. When the new HVCC rules were approved, most appraisers lost over half their income. It is also true that most appraisers, as an average, will sign up for between ten to 12 appraisal management companies, or AMCs. Other appraisers do not think they have the time, while others do not know where to find the AMC's.While there are a great number of appraisers that do not want to work with an appraisal management company, there are appraisers that would work with them to enhance their incomes. The good news for appraisers that are looking for appraisal management companies is that there are more than 300 AMC's across the nation. This number is growing at a rapid rate. |
