Virginia Regulatory Town Hall
Agency
Department of Professional and Occupational Regulation
 
Board
Real Estate Appraiser Board
 
chapter
Appraisal Management Company Regulations [18 VAC 130 ‑ 30]
Action Initial Appraisal Management Company Regulations
Stage Proposed
Comment Period Ended on 3/28/2014
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3/28/14  9:56 am
Commenter: Scott A Smith

AMC Regulation/Customary and Reasonable Fees
 

As a Certified License Appraiser, I want to express my support for AMC regulation and appraisers being paid reasonable fees for their appraisal services performed. The need for regulation and appropriate fees is a much needed industry requirement that should be taken seriously. Both Lenders and AMCs should support the need for experienced and professional appraisal work. The fees paid to appraisers should be set by the appraiser not a "middle man".

CommentID: 31519