For honest and ethical appraisals, rely on Premier Appraisals

We have quite a few responsibilities as appraisers, but our main duty is to our clients. Normally, 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 hired in order to maintain independence. Thereon, appraisers are typically restricted to only disclosing information to their clients, so as a homeowner, if you would like to obtain a copy of an appraisal report, you normally have to obtain it through your lender instead of the appraiser.

Other obligations include numerical accuracy depending on the assignment's nature, acquiring and sustaining a particular level of competency and education, and naturally, the appraiser must bear a professional demeanor. Here at Premier Appraisals, we take these ethical responsibilities very to heart.

In some cases appraisers will have fiduciary responsibilities to third parties, including homeowners, buyers and sellers, or others. Normally the third parties are clearly defined in the appraisal report. An appraiser's fiduciary role is only to those parties who the appraiser is aware of, based on the scope of work or other things in the framework of the assignment.

	Premier Appraisals has worked hard for its track record for providing competent and ethically superior appraisals. To learn more, contact us.

Appraisers also have standards outside of boundaries of with whom we share information For example, appraisers must be able to produce their work files for a minimum of five years - something else Premier Appraisals makes a part of their standard routine.

We meet or exceed the industry standards and rules set in place for professional behavior. We refuse to accept anything less from ourselves. Working on orders where our fee is dependent on our value conclusion is not something we can consider. That means we don't agree to do an appraisal report and collect the fee only if the loan closes. There's a definite conflict of interest if an appraiser can report an unsubstantiated value and then get paid more money!

Finally, the Uniform Standards of Professional Appraisal Practice explicitly describes a violation in ethics as accepting 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" as well as other situations. We follow these rules to the letter which means you can be at ease knowing we are working hard to provide an unbiased determination of the home or property value.

As soon as you order an appraisal from Premier Appraisals, we'll make sure you're getting the professional service you expect along with the business principles we're known for.