Which type of company acts as an intermediary between a lender and an appraiser?

The correct answer is appraisal management company. This type of company serves as an intermediary between lenders and appraisers by managing the appraisal process. When a lender needs an appraisal for a property, the appraisal management company coordinates the assignment of the appraisal to qualified appraisers, ensuring compliance with regulations and standards.

These companies help streamline the appraisal process, maintain a level of independence, and often handle the payment and communication between the lender and the appraiser. This separation is crucial to avoid any potential conflicts of interest and to uphold the integrity and accuracy of property valuations.

Other types of companies mentioned have specific roles that do not fit this intermediary function. Full service appraisal companies focus specifically on providing appraisal services, while real estate brokerage companies primarily facilitate real estate transactions. Appraisal evaluation companies typically conduct assessments of appraisals for quality and compliance but do not act as intermediaries in the lender-appraiser relationship.