Effective appraisal management is no different than effective management in any other industry. No industry can, nor should, be managed without the expertise and training specific to it. Absolute Value Management (AVM) is founded on decades of experience managing appraisers throughout fluctuating regional and national interest rate and real estate cycles.
Effective and efficient vendor management requires the integration of an understanding of geographical territory, volume capacity and appraiser competence. Unlike many large appraisal management companies, every appraisal is assigned by an experienced staff assigner who carefully evaluates each request and matches that appraisal order with the most qualified, competent and efficient appraiser for that order. We rely on experience and good communication – not computer algorithms -- to ensure accurate, timely appraisal completion.
Our relationship with each AVM panel appraiser is valued as strongly as our relationship with each AVM client. AVM staff and appraisers value a reciprocal relationship based on respect, trust and continued learning supported by clear, and consistently met, expectations. The AVM/vendor/appraiser relationship is paramount to producing the best possible appraisal products -- resulting in client satisfaction and success. Through our 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 of our tracking system and are contacted by AVM staff each day to follow up on outstanding assignments.
The appraisers on our panel have been selected and retained based on consistent demonstration of quality reporting, timely communication, responsiveness and excellent customer service throughout the entire appraisal process. We are an appraiser owned and operated company, so things work differently for us than the typical AMC. We have superior communication with our vendors – giving us the ability to fully customize services to meet your specific needs.