Since when did residential real estate appraisers begin to paint big, red bull's eyes on their backs?  I think that they started passing around the paint when the Appraisal Management Companies (AMC's) started to take over the appraisal assignment process reigns, and with May 1st looming there is a lot of red paint on the shelf.

I have to admit that I have not read many of the AMC agreements in their entirety, or their indemnity provisions, and being a commercial appraiser I haven't been faced with having to make a decision to accepting no business from them or indemnifying them on their terms.  My first reaction after having seen some of the indemnity provisions was No Way!  I told myself that I wouldn't sign those agreements no matter what.  Food or no food, however, as yet has not been a factor in my decision-making.