Williams Appraisal Service provides honest and ethical appraisals for Polk County

For honest and ethical appraisals, trust Williams Appraisal Service

Appraising is generally a long term career. The rigors of becoming a licensed appraiser have increased more than ever before. So it goes without question in this day and age that real estate appraisal can unquestionably be called a profession as opposed to a trade. In our field, as with any profession, we are bound by ethical considerations.

We have a lot of obligations as appraisers, but our primary duty is to our clients. Generally, 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 brought in to maintain independence. It follows that 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 want to review an appraisal report, you normally have to obtain it from your lender and not the appraiser.

Other obligations include accurate figures appropriate to the scope of the assignment, acquiring and keeping a particular level of competency and education, and the appraiser must conduct him or herself as a professional. Here at Williams Appraisal Service, we take these ethical responsibilities very seriously.

Appraisers will frequently need to consider the interests of third parties, such as homeowners, sellers and buyers, or others. Typically the third parties are specifically defined in the appraisal report. An appraiser's fiduciary duty is limited to those third parties who the appraiser knows, based on the scope of work or other written parameters of the job.


	Williams Appraisal Service has worked hard for its track record for producing appraisals with the highest of ethics. To learn more, contact us.

There are also ethical duties that have nothing to do with clients and others. For example, appraisers must keep their work files for at least five years - something else Williams Appraisal Service makes a part of their standard routine.

When working on an order, we follow the highest ethical standards possible. Accepting orders 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 base our pay upon coming up with a particular value conclusion. There's certainly a conflict of interest if an appraiser can report a larger value with the reward of getting paid more money! We set ourselves to a higher standard.

Finally, the Uniform Standards of Professional Appraisal Practice clearly states a violation in ethics as the acceptance 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 assured we are going above and beyond to provide an unbiased determination of the home or property value.

With Williams Appraisal Service, you won't have any doubts that you're getting 100 percent ethical, honest service.