Challenging Low Fees
According to appraisers, there are AMCs paying fair fees. To help appraisers through the appeal process against those who they feel are not, OREP.org/Working RE has established this Challenging Low Fees Blog as a place to exchange information. It is intended as a place for the trailblazers to share what they learn about the new processes so others can follow their steps more easily. If you discover a more efficient place or process to file a complaint, please post it here. You can also post responses from AMCs there and other related documentation. A number of appraisers have upcoming meetings with members of Congress to discuss the issue of customary and reasonable fees and have requested supporting documentation, especially from AMCs whose position is the status quo.