Appraiser CooperativeAlternative To Appraisal Management Companies

ReValYoo's Appraiser Cooperative is an excellent outsourcing solution for Appraisal Management Companies (AMCs) for the development of appraisal assignments and monitoring of the administrative functions involved in the appraisal ordering, tracking, and delivery process.

As an Appraiser Cooperative, we pride ourselves as being the premiere resource partner to administer an association of independent certified and licensed appraisers, who develop real estate appraisal assignments on behalf of appraisal management companies. Valuable services that allow AMCs to do what they do best, marketing and coordinating appraisal assignments, while we manage the profession we were trained to do.

ReValYoo is a "one stop shop". We recruit, qualify, verify licensing, and negotiates fees and the service level expectations with our association of independant appraisers. We also provide administrative duties such as order entry and assignment, tracking and status updates, pre-delivery quality control, and report delivery.

Our services include ongoing quality control, accounts payable and receivable, market value dispute resolution, warranty administration, and record retention. Essential services that keep AMC clients in compliance with industry standards.

Click here to view or download ReValYoo's HVCC Compliance Policy

Specific Cautions

HVCC mandates the use of a third party representative who manages all appraiser related information, and is not paid out of the commissions of closed loans. However, the moment an AMC needs to discuss the valuation or methods of a particular appraisal assignment, the AMC and Lender ventures dangerously close to violating the intent and requirements of the HVCC.

A lender CANNOT use any appraisal reports obtained by or through an Appraisal Management Company (AMC) that is owned by the lender or an affiliate of the lender unless the ownership interest is less than 20%, the lender has no involvement in the day-to-day business operations of the AMC, the AMC is operated independently and the lender plays no part in the selection of the appraisers.

NOTE - Since many of the AMC's are owned, in whole or part by major lending institutions we expect to see a mass migration and divestiture of such holdings by lending institutions in the near future.

Why should you use us:

Simply because we know our profession and we provide a "one stop" appraisal source for an AMC's.

We set ourselves apart from other appraisal companies by our extensive use of IT and communications technology and other software developments, which allow for prompt placement and completion of your real estate appraisal needs.

We have developed our systems to assist us with timely turnarounds; quality and accuracy of information; the ability to perform in difficult geographical markets and we pride ourselves on being responsive to each individual client's need.

Our extensive association of Independant Real Estate Appraisal Professionals provides quality appraisal services nationwide. If you need help with a real estate appraisal, we will provide a seasoned professional who services your local market.

For more information or to discuss your specific service needs contact us here.

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