The trade group that represents many of the country’s biggest appraisal management companies is questioning the validity of a recently released database of appraiser fees.
Privately-owned appraisal technology firm a la mode released in February its Appraisal Fee Reference dataset. The data is drilled down on the county level, providing fee reports for appraisers.
But the Title/Appraisal Vendor Management Association (TAVMA) called the dataset misleading because it doesn’t include the fees AMCs pay to appraisers, excluding two-thirds of all the appraisals conducted in the United States.
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