New Book Aids Real Estate Appraisers Navigate the HVCC

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The new Home Valuation Code of Conduct has put experienced real estate appraisers out of business. Bryan Knowlton, a Certified Appraiser in San Diego, helps fellow appraisers navigate through AMCs in his new book “2009 Appraisal Management Company Directory,” available at

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We thank Congress for recognizing the need to address the issue of appraiser coercion without causing undue harm to borrowers or diminishing competition in the marketplace.

With the passing of the Home Valuation Code of Conduct (HVCC) on May 1, 2009, appraisers have been working through third party Appraisal Management Companies to complete appraisals for banks and mortgage companies. Many appraisers have decided to close their doors rather than try to locate fair AMCs that offer competitive rates and realistic turn times.

Bryan Knowlton, a Certified Appraiser in San Diego who recently published a book, “2009 Appraisal Management Companies,” is helping appraisers get listed with appraisal management companies while providing additional information on how to receive more FHA appraisal requests and estate appraisals.

Each of the 180 companies mentioned in the book has been verified as a legitimate appraisal management company. Knowlton provides direct links to online applications and contact information. The book has helped hundreds of appraisers faced with the choice of making a career change or decreased livelihood as a result of the HVCC.

Most appraisers feel that the passing of the HVCC has forced them to work with AMCs that demand immediate turn times, while reducing appraisal fees as much as 50-75%. Many experienced appraisers have been unable to stay in business when forced to accept the lower fees while others have chosen early retirement, leading to inexperienced people doing appraisals.

Other problems resulting from the HVCC include higher costs for consumers, loss of income for independent appraisers and increased loan turn times and fees.

But there is good news on the HVCC front: On June 25th, Representatives Childers (D-MS) and Miller (R-CA) introduced HR 3044, legislation that calls for an 18-month moratorium on the HVCC.

"The introduction of this legislation is a victory for consumers and members of the industry alike," said the National Association of Mortgage Brokers President Marc Savitt, CRMS. "We thank Congress for recognizing the need to address the issue of appraiser coercion without causing undue harm to borrowers or diminishing competition in the marketplace."

Until the HVCC changes, appraisers will be forced to sign up with Appraisal Management Companies to receive orders.

There are more than 200 appraisal management companies signing up appraisers and lenders. Many of them are legitimate companies offering full compensation for appraisal work, while others request payment in advance to become members of their AMC.

Some fellow appraisers are stepping up to help others wade through the AMC sign- up process and avoid companies trying to scam appraisers out of more money.

For more information on how to obtain a copy of the 2009 Appraisal Management Company Directory, please visit

About Bryan Knowlton:

Bryan Knowlton is a highly respected Certified Appraiser covering San Diego County and has been providing marketing advice and information to appraisers and online businesses for more than 10 years. He has a BS in marketing from San Diego State University.

For more information, visit


Bryan Knowlton
Owner and Operator
Appraise All
4809 Clairemont Dr. Suite #208
San Diego, CA 92117
p: 858-232-3348
f: 866-381-4721


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