AMC Allocation of Commercial Jobs?

[J Grant]

Let's exercise your empathy superpower with a role play. Pretend that the lenders are prohibited from passing the AMCs end on to the borrower so that "appraisal fee" is strictly limited to the fee paid to the appraiser and excludes the reviewer's fee or the mgt fee or anything not being paid solely to the appraiser.

Your AMC (Fly-By-Night Appraisal Mgt Co) is competing for the same lender accounts as 3 other AMCs. What do you think the various aspects are by which these AMCs will compete with each other?

• Geographic coverage
• Turn times
• Quality or stip/rejection rate
• Amount of the appraiser's fee being paid

My god how can you still fail to understand?
The AMCs' will have NOTHING TO DO WITH THE APPRAISAL FEE BEING PAID.

If that is the case, then how can the AMC compete on the amount of the appraiser's fee being paid?

The AMCs will compete on the AMC MANAGEMENT SERVICE FEE that the AMC charges to a lender.