As the number of real estate appraisers continues to grow within the industry, the requirements to become licensed have become more stringent and quality-driven than ever. Along with the knowledge and certifications necessary to become an appraiser, professionals within the industry are expected to follow strict ethical guidelines.
First and foremost, an appraiser’s main responsibility is to their client. Typically, for a standard residential appraisal, the appraiser’s client is the lender ordering the appraisal. Appraisers may only disclose valuations to their clients, so as a homeowner, if your lender has ordered your appraisal, you’ll need to request a copy from him/her directly.
As appraisers, we’re also required to maintain a very high standard of professionalism, education, and competency with all the projects we undertake. We also take great care to accurately price our appraisals and reports, and all our client information is strictly confidential.
For more information on the ethics and Standards and Practices we follow, call us today!