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Arizona real-estate appraisers are seeking new state regulations that would force a group of real-estate firms known as appraisal-management companies to meet higher standards of conduct and disclose their fees to consumers.
Appraisers support Senate Bill 1351, which requires background checks on appraisal-management company owners, forces companies to reveal hidden fees to consumers, and makes them comply with rules for lenders and appraisers. more…