Tuesday, March 9, 2010

AMC and Lender List

Good afternoon everyone.  I finally finished my AMC/Lender List and thought I would offer it to you all.  It contains over 300 Appraisal Management Companies and 100 "Direct Lenders".  It is in no way a complete list of AMC's, that would be impossible given the churn rate of the "fly by night"-ers. We have ALL dealt with them, and you can usually tell the ones that are the next to go by how they treat their appraisers.  Why is it that the worse they treat the appraisers, the ones actually MAKING them money, the faster they are out of business?  It's not that difficult to see, but they just don't seem to get it.

If we have all learned an important lesson over the past few months, it is that having all of our eggs in one basket can be a tough, tough way to go. Lendervend is, by far, the best AMC out there (if you know of a better one PLEASE let me know), but when Lendervend goes "slow" for a while, we need to have a backup plan.

On a brighter note, there are a lot of good AMC's out there (the diamonds in the rough, as they say), but it becomes a matter of tracking them down. My list will at least give you a starting point, a list that you can go down and start applying for appraiser panels and weeding out the bad ones from the good. With as many companies as there are here, if only 5% worked out for you, that would be over 20 new clients, and that is at only 5%. Imagine if 10% work out?

Buy my list now, and start adding new clients to your roster. Even 1 new order pays for the list multiple times, and after you prove that you are one of the best appraisers in your area on that first one, the orders will start rolling in.





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