Thursday, March 28, 2024 | The Latest Buzz for the Appraisal Industry

The Truth About Working With AMCs

As everyone in the business knows, there is a stigma regarding the relationship between appraisers and AMCs. Change can be difficult but appraisers are hard at work adapting and learning to accommodate a changing landscape that includes AMCs. New to the catalog of webinars that Allterra Online offers is a ‘how to’ guide on developing a positive and successful working relationship with AMCs. Joining us today for a preview into his webinar, How to successfully do business with AMCs, is Tony Pistilli, Chief Appraiser at Xome.

Buzz: Firstly, Tony, tell us how you got started in the business?

Pistilli:  I got into the appraisal business quite by accident.  I started at the department of Housing & Urban Development in a temporary position in the Valuation Branch in the Minneapolis field office.  I liked it and worked in the industry for the next 25 years as a staff appraiser, independent fee appraiser, chief appraiser at a national bank and now as chief appraiser for a large AMC.

Buzz: You recently did a webinar with Allterra Online, what was its focus?

Pistilli: The webinar focuses on how to successfully work with AMC’s and it explores ways to identify “good” AMC’s.  It also presents ways to successfully grow an appraisers business and income while working with AMC’s.  Attendees of the webinar will discover some of the best practices they need to employ to be at the top of the list when AMC’s select appraisers.

Buzz: What do you think is most important for an Appraiser to remember while working with AMCs?

Pistilli: I believe appraisers wouldn’t mind who provides them appraisal assignments if they were treated professionally, paid fairly and in return were expected to return a high quality, USPAP compliant report.  Finding AMC’s to work with that share that philosophy is the key to being a successful appraiser.  This webinar will show appraisers how to weed through the multitude of AMC’s and find ones they are comfortable working with.

Buzz: In the webinar, you mention appraiser scoring.  How important is it for an appraiser to manage their score?  What can they do to improve it?

Pistilli: The appraisers score is their key to continued business.  The webinar will show appraisers how AMC’s score appraisers and what is necessary to achieve highest scores.

Buzz: Why should appraisers watch this webinar?

Pistilli: Currently, about 80% of appraisal assignments today come from AMC’s.  Knowing that, the appraisers that have the knowledge of how to choose and then work most effectively with AMC’s will be the most successful – this is a unique opportunity for appraisers to learn best practices of working with AMC’s and to grow their business and ultimately make more money!

Buzz: Tony, thank you so much for joining us.  Stay tuned for Allterra Online’s upcoming webinar, How to Successfully Do Business with AMCs, available for purchase today, December 9, 2015!

Have any comments or would you like to submit content of your own? Email comments@appraisalbuzz.com

Brent Bowen

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