Do AMC's permit use of trainees?

[David Mullen]

I have been wondering if the large AMC's permit use of trainees. Thanks

 

[David Mullen]

My wording was poor in the original posting. The question should have read "do AMC's accept appraisals performed by trainees and signed off by a supervisor?" Thanks

 

[Farm Gal]

Depends on the AMC... some do some don't.

 

[jtrotta]

Lee Ann - correctomondo 8)

 

[J. Parker Graham]

David M

AMC's permit the work done by trainee Loan Originators, Underwriters, and Reviewers only.

 

[Larry Lyke]

J. P --

I don't know whether to smile or what. I think you are being straight and funny at the same time.

I would suspect that AMCs would accept appraisals under guidelines wherein a supervisor would sign too. That's make sense to me.

 

[Mountain Man]

Got some AMC's clients that will, and some that say NO trainees allowed. Like Lee Ann said, it depends on the client. Just have to read the request when it comes in.

 

[Jeff Horton]

Not to agruee with any previous posters but I was never turned away as long as the supervisor marked "Did Inspect" the property. I even had some tell me that he didn't have to inspect it. Just mark it that is did!! :roll: Anyone surprised at that?

 

[Mike Garrett RAA]

My famous appraisal class response......"Maybe"!

I am finding more and more saying "no trainees"...and the days of "Supervisory Appraiser did not Inspect" are long gone. The reason???
They want someone who signs the appraisal to be responsible and to have errors and omissions insurance, something most "trainees" do not.