TAVMA Survey Shows AMC Appraisers Experienced

An appraiser working with an appraisal management company has on average more than 15 years of experience appraising residential properties, according to a new survey conducted by the Title Appraisal Vendor Management Association. Furthermore, 87% of appraisers used by TAVMA members are certified appraisers, a designation that requires more experience and an additional level of testing above the state-licensed level. Opponents of the Home Valuation Code of Conduct have questioned the experience and expertise of appraisers that work through AMCs. Jeff Schurman, executive director of TAVMA, said "We surveyed our members to answer the allegations that brokers and Realtors have been making in the media, regarding the experience levels of AMC appraisers. Our member survey clearly shows that not only are AMC appraisers experienced, the vast majority hold the higher, certified-level, appraisal credential."