Ransel Real Estate Appraisals provides honest and ethical appraisals for Saint Martin County

Honesty and Integrity: Ransel Real Estate Appraisals

Appraising is typically a long term career. Requirements to become a licensed appraiser have increased more than ever before. So it goes without question these days that real estate appraisal can definitely be called a profession as opposed to a trade. In our field, as with any profession, we have a strict ethical code.

An appraiser's primary obligation is to their client. Normally, in residential practice, the lender (or an agent of the lender) places the order to the appraiser, becoming the appraiser's client. Consequently, appraisers have certain duties of privacy to their clients, plus strict rules and regulations that must be followed. So, as a homeowner, if you would like a copy of an appraisal report, you generally have to request it from your lender.

Other responsibilities include accurate calculations appropriate to the scope of the assignment, reaching and keeping a respectable level of competency and education, and of course, the appraiser must behave in a professional manner. Here at Ransel Real Estate Appraisals, we take these ethical responsibilities very to heart.

Appraisers can often have fiduciary obligations to third parties, such as homeowners, buyers and sellers, or others. Those third parties normally are listed in the appraisal assignment itself. An appraiser's fiduciary duty is limited to those parties who the appraiser knows, based on the scope of work or other written parameters of the order.


	Ransel Real Estate Appraisals has worked hard for its reputation for performing competent and ethically superior appraisals. To learn more, contact us.

Appraisers also have rules outside of boundaries of clients and others. For example, appraisers must keep their work files for at least five years - something else Ransel Real Estate Appraisals diligently adheres to.

We meet or exceed the industry standards and rules set in place for ethics. We won't accept anything less from ourselves. Accepting assignments based on contingency fees is not something we can consider. That is, we can't agree to do an appraisal report and base our pay upon coming up with a particular value conclusion. Anyone should be able to see that fabricating a home's value to achieve what amounts to a bigger fee is unethical!

Finally, the Uniform Standards of Professional Appraisal Practice clearly 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" in addition to other situations We follow these rules to the letter which means you can be confident we are working hard to get you an accurate home or property value.

With Ransel Real Estate Appraisals, you won't have any doubts that you're getting 100 percent ethical, honest service.