 For honest and ethical appraisals, rely on Graydon Property Services, LLC.Appraising is, by and large, a long term career. The rigors of becoming a licensed appraiser have increased more than ever before. That's why it goes without question these days that real estate appraisal can certainly be dubbed a profession as opposed to a trade. In our field, as with any profession, we must follow strict ethical considerations.
The appraiser's main responsibility is to their client.
Most of the time, in residential practice, the appraiser's client is the lender ordering the appraisal, and often the appraisal is ordered by a third party the lender has contracted in order to maintain independence.
Subsequently, appraisers have certain duties of privacy to their clients, plus strict rules and regulations controlling with whom we share information. As
a homeowner, if you desire to obtain a copy of the appraisal document, you generally have to obtain it via your lender.
Appraisers may regularly have fiduciary obligations to third parties, such as homeowners, buyers and sellers, or others. Those third parties normally are defined in scope of the appraisal assignment itself. An appraiser's fiduciary role is limited to those parties who the appraiser is aware of, based on the scope of work or other things in the framework of the order.
There are also ethical standards that have nothing to do with clients and others. For example, appraisers must store their work files for a minimum of five years - at Graydon Property Services, LLC. you can rest assured that we adhere to that rule. We demand the highest professional integrity possible from ourselves. Working on assignments based on contingency fees is not something we can consider. In other words, we are not able to agree to do an appraisal report and get paid only if the loan closes. There's an obvious conflict of interest if an appraiser can report a greater value and then get paid more money! Finally, the Uniform Standards of Professional Appraisal Practice clearly describes unethical behavior as the acceptance of an assignment that is contingent on "the reporting of a pre-determined result (e.g., opinion of value)", "a direction in assignment results that favors the cause of the client", or "the amount of a value opinion" in addition to other situations We follow these rules to the letter which means you can be assured we are working hard to get you an accurate home or property value. With Graydon Property Services, LLC., you won't have any doubts that you're receiving 100 percent ethical, honest service. |
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