Vendor Management

Vendor management is the process of recruiting, verifying, and managing a list of appraisers on behalf of a lending organization. Various steps are required in this process, including fee negotiation, coverage area, assignment, and verification of licensing, insurance, and qualifications.

The AMC system helps with all aspects of vendor management:

Recruiting: The AMC version includes access to the eTrac Network, a national database of appraisal companies that utilize the eTrac platform to successfully manage their organizations.

Registration: The system allows appraisers to sign up directly from the website and upload their required documentation.