AMC Compliance Services

Appraisal Aid is your partner for meeting each state's requirement for periodically reviewing appraiser's reports for USPAP compliance. We will help you meet each state's requirements and provide valuable feedback on the areas where there are deficiencies.

We also provide feedback on the number of reports that:

PASS - No readily obvious USPAP deficiencies were noted.
PASS – The deficiency/deficiencies is/are unlikely to affect the credibility of report.
FAIL – The deficiency or deficiencies noted was/were considered material per the Truth-in- Lending Act 12 CFR Part 226 Section II Interim Final Rule, potentially impacting the report's credibility and/or opinion of value.

SOLUTIONS BY INDUSTRY:

Just A Few Reasons Why We Are Becoming The Top Choice For AMC Compliance Review Services & Support

✔ Uploading appraisals for USPAP Compliance Review can be done seamlessly with our online portal, either individually or by the batch.

✔ Our experience as Appraisers and working within an AMC’s compliance department offers valuable insight and feedback. When working with our client’s Chief Appraiser, Compliance Department or Operation’s team, that experience allows us to have conversations we both understand and that are beneficial in finding solutions for their compliance and quality needs.

✔ Quality Control review opining on overall reasonableness/credibility of the report and its conclusions.

✔ USPAP compliance review + Quality control review.

✔ Our Reviewers receive ongoing training to always stay up to date on state requirements. Furthermore, we have internal systems in place for better consistency among reviews completed by various reviewers on our team.

✔ We offer additional services available to assist with your compliance needs well beyond just checking the box that you have met the state's requirements including:

Progressive review services depending on your needs:
Standard USPAP compliance Review with Pass or Fail → Grade included of Good Average Fair → Upgraded, expanded review for those reports that have deficiencies that are of concern or those reports that failed when the standard USPAP compliance review was performed.

Improving the Overall Quality, Strength, and Compliance of Appraisal Reports = A Gold Star for your Company!

Most states require AMC’s to certify when they apply or renew their license that they have a system in place to periodically review, whether one, a representative sample, or a percentage of the reports completed by their panel appraisers. Through the processes implemented at Appraisal Aid and the ongoing team development, we provide valuable feedback that can be implemented to improve the overall quality, strength, and compliance of those appraisal reports. This reduces the risk both for the AMC and appraisers.

The additional services we provide can also be of great value when your clients audit you. It shows them that you not only meet the state requirements for periodic reviews, but that your company is active in improving the quality and compliance of reports submitted to them, which equals risk reduction for them!