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05/08/10
Bill raises appraisal company standards
Filed under: General, Real Estate
Posted by: Lillian Wong @ 5:24 pm

A bill seeking to regulate a powerful group of intermediaries in the home-appraisal process received approval in the waning hours of the legislative session Thursday and now awaits Gov. Jan Brewer’s signature.

A group of Arizona real-estate appraisers helped draft Senate Bill 1351, which they said would force a group of real-estate firms known as appraisal-management companies to meet higher standards of conduct and to disclose their fees to consumers.  more…


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