Real Estate - Appraisal Management Companies
Appraisal Management Companies are those that perform appraisal management services, including:
- administering an appraisal panel;
- recruiting appraisers to serve on the panel to negotiate fees and determine services to be provided by the appraisers;
- receiving appraisal requests or orders and delivering them to the appraisal panel.
Appraisal management companies must register with the Department of Consumer Protection before engaging, performing or advertising appraisal management services.
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