The Appraisal Blog

25 years ago I charged $285 for my first full appraisal.  Last week I did one for $300.  Now, we are currently in a downturn in the real estate market in terms of volume, so there are some other market pressures, however, the AMC model has had a major impact on appraiser fees.  For those of you who don't know, after the 2008 crash, Congress signed Dodd-Frank into law which created the AMC model currently in place.  Essentially, an AMC is a middle man between the appraiser and the lender.  And for doing their service they charge anywhere between 50-100% of the appraisal fee.  That fee isn't charged to the lender/consumer... it is taken from the appraiser.



https://www.housingwire.com/articles/appraisers-raise-alarm-on-amc-revenue-sharing-models/