What is an appraisal management company (AMC)?

An appraisal management company (AMC) is an outsourcing solution where a business runs a network of licensed and certified appraisals to fulfill real estate appraisal assignments on behalf of mortgage lending institutions. An AMC is paid by a lender-client in order to act on the lender/client’s behalf. The AMC performs the administrative functions involved in the appraisal ordering, tracking, and delivery process.

“What is the eTrac Enterprise Edition for AMCs?”

The eTrac Enterprise Edition for AMCs edition is a product specifically designed to streamline the appraisal process. It allows a very limited staff to manage thousands of orders monthly by the explicit use of automation technology. The system is able to take mundane and tedious processes and allow them to be completed efficiently.