Solution Appraisal Services provides honest and ethical appraisals for Worcester County

Honesty and Integrity: Solution Appraisal Services

Appraising is a profession, and appraisers are professionals. Requirements to become a licensed appraiser have become more difficult than ever before. So it goes without question in this day and age that real estate appraisal can definitely be dubbed a profession as opposed to a trade. In our field, as with any profession, we are bound by ethical considerations.

We have many responsibilities as appraisers, but above everything we answer to our clients. Typically, for a standard residential appraisal, 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. Appraisers are typically restricted to only disclosing information to their clients, so as a homeowner, if you would like to review an appraisal report, you normally should request it from your lender.

Other responsibilities include numerical accuracy depending on the assignment's nature, acquiring and maintaining a certain level of competency and education, and naturally, the appraiser must bear a professional demeanor. Maintaining high ethics and client confidentiality is what we do every day at Solution Appraisal Services.

There are some scenarios in which appraisers will have fiduciary responsibilities to third parties, including homeowners, both buyers and sellers, or others. Normally the third parties are specifically defined in the appraisal report. An appraiser's fiduciary role is restricted to those parties who the appraiser is aware of, based on the scope of work or other written parameters of the job.


	Solution Appraisal Services has worked hard for its reputation for performing competent and ethically superior appraisals. Contact us today to learn more.

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 Solution Appraisal Services you can rest assured that we adhere to that rule.

We only perform to the highest ethical standards possible. Doing orders where our fee is dependent on our value conclusion is not something we can consider. In other words, we can't agree to do an appraisal report and get paid only if the loan closes. There's certainly a conflict of interest if an appraiser can report an unsubstantiated value and then get paid more money! We just don't do it.

Finally, the Uniform Standards of Professional Appraisal Practice (or simply "USPAP") 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 confident we are going above and beyond to get you an accurate home or property value.

With Solution Appraisal Services, you won't have any doubts that you're receiving 100 percent ethical, professional service.