|
|
 Honesty and Integrity: Appraisal Authority LLC - Kevin Burkhardt
Appraising is, by and large, a long term career. The rigors of becoming a licensed appraiser have become more difficult than ever before. That's why it goes without question in this day and age that real estate appraisal can certainly be dubbed a profession as opposed to a trade. In our field, as with any profession, we have a strict ethical code.
We have quite a few obligations as appraisers, but above everything we answer to our clients.
More often than not, for a normal 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 contracted in order to maintain independence.
Consequently, appraisers are privy to a lot of data, and like an attorney, can only discuss many of these matters with their client. As
a homeowner, if you would like to obtain a copy of the appraisal document, you generally should request it via your lender and not the appraiser.
Other responsibilities include accurate figures appropriate to the scope of the report, acquiring and maintaining an adequate level of competency and education, and the appraiser must conduct him or herself as a professional. Maintaining high ethics and client confidentiality is just normal course of business for us at Appraisal Authority LLC - Kevin Burkhardt.
Appraisers may often have fiduciary responsibilities to third parties, including homeowners, buyers and sellers, or others. Generally the third parties are explicitly defined in the appraisal report. An appraiser's fiduciary responsibility is restricted to those parties who the appraiser knows, based on the scope of work or other written parameters of the job.
 |
 |
 |
Appraisal Authority LLC - Kevin Burkhardt has worked hard for its track record for completing competent and ethically superior appraisals. To learn more, contact us. |
|
|
There are also ethical rules that have nothing to do with clients and others. For example, appraisers must store their work files for a minimum of five years - something else Appraisal Authority LLC - Kevin Burkhardt takes very seriously.
When creating reports, we follow the highest ethical standards possible.
Doing assignments where our fee is dependent on our value conclusion is never an option.
That means we don't agree to do an appraisal report and collect payment on the contingency of the loan closing.
Anyone should be able to see that inflating a value to achieve a bigger paycheck is unethical!
We just don't do it.
Finally, the Uniform Standards of Professional Appraisal Practice explicitly states unethical behavior 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 diligently follow these rules to the letter which means you can rest easy knowing we are doing everything we can to provide an unbiased determination of the home or property value.
With Appraisal Authority LLC - Kevin Burkhardt, you can be assured of 100 percent ethical, honest service.
|
|
