REal VALUE provides honest and ethical appraisals for Rockingham County

REal VALUE upholds the highest professional ethics

Appraising is, by and large, a long term career. The rigors of becoming 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 certainly be called a profession rather than a trade. As with any profession we must follow strict ethical considerations.

An appraiser's primary responsibility is to their client. Typically, for a normal residential appraisal, the lender (or an agent of the lender) places the order to the appraiser, becoming the appraiser's client. Consequently, 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 get it from your lender and not the appraiser.

Other obligations include numerical accuracy depending on the scope of the assignment, acquiring and sustaining an appropriate level of competency and education, and naturally, the appraiser must bear a professional demeanor. Maintaining high ethics is just normal course of business for us at REal VALUE.

Appraisers will regularly be obligated to consider the interests of third parties, such as homeowners, sellers and buyers, or others. Those third parties normally are listed in the appraisal assignment itself. An appraiser's fiduciary role is only to those third parties who the appraiser is aware of, based on the scope of work or other things in the framework of the order.


	REal VALUE has worked hard for its reputation for performing competent and ethically superior appraisals. To learn more, contact us.

There are also ethical standards that have nothing to do with clients and others. For example, appraisers must keep their work files for at least five years - at REal VALUE you can rest assured that we abide by that rule.

We meet or exceed the industry standards and rules set in place for ethics. We won't accept anything less from ourselves. Doing orders where our fee is dependent on our value conclusion is never an option. That is, we don't agree to do an appraisal report and collect payment on the contingency of the loan closing. There's an obvious conflict of interest if an appraiser can report a larger value and then get paid more money!

Finally, the Uniform Standards of Professional Appraisal Practice (or simply "USPAP") 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" as well as other situations. We follow these rules to the letter which means you can rest easy knowing we are going above and beyond to objectively determine the home or property value.

With REal VALUE, you can be assured of 100 percent ethical, professional service.