Earlier this week, Accurity Valuation announced that it had spun off appraisal management company (AMC) IRR-Residential to form a new franchise of appraisal firms. To find out more about this move, Valuation Review reached out to Tom Munizzo, former IRR-Residential chief appraiser and compliance officer and now president of Accurity Valuation.

Valuation Review: Thanks for taking the time to talk to us, Tom. This is an exciting move. What prompted the decision to move to a staff-appraiser/appraisal firm model from an AMC model?

Munizzo: Maybe I should clarify what’s happening ...