Honesty and Integrity: Advantage Appraisal Services, LLC

An appraiser's primary responsibility is to their client. More often than not, 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. It follows that 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 generally have to request it through your lender and not the appraiser.

Other responsibilities include numerical accuracy depending on the assignment's nature, attaining and keeping an adequate level of competency and education, and the appraiser must conduct him or herself as a professional. Here at Advantage Appraisal Services, LLC, we take these ethical responsibilities very seriously.

Appraisers may also have fiduciary obligations to third parties, including homeowners, buyers and sellers, or others. Normally the third parties are explicitly defined in the appraisal report. An appraiser's fiduciary responsibility is limited to those third parties who the appraiser is aware of, based on the scope of work or other written parameters of the assignment.

	Advantage Appraisal Services, LLC has worked hard for its reputation for performing competent and ethically superior appraisals. To learn more, contact us.

Appraisers also have duties outside of boundaries of clients and others. For example, appraisers must backup their work files for a minimum of five years - something else Advantage Appraisal Services, LLC takes very seriously.

We only perform to the highest ethical standards possible. 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 payment on the contingency of the loan closing. It should be obvious that inflating a value to achieve what amounts to a higher paycheck is unethical! We set ourselves to a higher standard.

Finally, the Uniform Standards of Professional Appraisal Practice clearly 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" in addition to other situations We follow these rules to the letter which means you can rest easy knowing we are working hard to objectively determine the home or property value.

With Advantage Appraisal Services, LLC, you can be assured of 100 percent ethical, honest service.