We are an appraiser owned and operated company, so things work differently for us than the typical AMC, and we have the ability to fully customize to meet your specific needs.
Expertise and Management:
Effective appraisal management is no different than effective management in any other industry. No industry can/nor should be managed without expertise and training specific to it. AVM is founded on decades of experience managing appraisers throughout the interest rate and real estate cycles experienced regionally and nationally. Effective and efficient management requires the integration of an appraisal understanding of geographical territory, volume capacity and appraisal competence. Unlike the large AMC's, every appraisal is assigned by a human and not a computer algorithm. Each assignment is carefully considered to ensure that the most qualified, competent and efficient appraiser completes the appraisal request.
Partners in Success:
A successful appraisal is only as good as its components and the primary component is the field appraiser. For this reason, the relationship with the panel appraisers is valued as strongly as our client relationship. These relationships of respect, trust and knowledge sharing with the panel appraiser is paramount to the clients success and results in the best possible product.
Superior Status Reporting:
Through this website, the status of every appraisal assignment is instantly emailed to the loan officer, processor, underwriter or any other designee. The panel appraisers are consistently trained in the use and contacted every single day to follow up on outstanding assignments.
Superior Appraisal Service:
Your company determines the due date of the appraisal and AVM insures adherence to that date. Through a state of the art management software program, staffing and constant contact and supervision; all rush requests, due dates and special requirements are always adhered to. The appraisers on the panel, have been selected and retained based on a consistent demonstration of quality, communication, responsiveness and customer service throughout the transaction.
Simplified Billing:
Payment for the appraisal process can be made by all major credit cards, individual checks or monthly statements depending on your preference. The monthly statement is available at all times to you via the website. All payments to field appraisers are made by AVM.
Unlimited Online Appraisal Storage:
Every appraisal assignment completed is always available to you online. If the consumer‘s email is provided, the appraisal can also be forwarded to the consumer for quicker compliance.
Quality Control:
Every appraisal that is completed is reviewed by an experienced appraiser prior to submission to your processor. A detailed review checklist has been established to cover every component of the report. This review double checks the appraisers methodology, report writing, conformity to FNMA/FHA-HUD and USPAP in addition to your internally established underwriting guidelines. This QC component translates into quicker processing and underwriting turn times and ultimately quicker closings due to fewer addendum requests.
Compliance:
License renewal, Errors and Omissions Insurance Policy maintenance and investor list monitoring is addressed on a daily basis to ensure that all appraisals represent a fully compliant report.