Rose Appraisal Associates provides honest and ethical appraisals for Bristol County

For honest and ethical appraisals, trust Rose Appraisal Associates

Generally, appraising is a long term career. The rigors of becoming a licensed appraiser have increased more than ever before. That's why it goes without question these days that real estate appraisal can unquestionably be considered a profession rather than a trade. In our field, as with any profession, we must follow strict ethical considerations.

An appraiser's primary responsibility is to their client. Generally, in residential practice, the lender (or an agent of the lender) places the order to the appraiser, becoming the appraiser's client. Subsequently, appraisers are privy to a lot of information, and like an attorney, can only discuss many of these matters with their client. As a homeowner, if you desire a copy of an appraisal report, you normally should get it through your lender and not the appraiser.

Other obligations include accurate calculations appropriate to the scope of the report, attaining and maintaining a respectable level of competency and education, and naturally, the appraiser must bear a professional demeanor. Here at Rose Appraisal Associates, we take these ethical responsibilities very to heart.

Appraisers can frequently have fiduciary obligations to third parties, including homeowners, sellers and buyers, or others. Generally the third parties are clearly 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 things in the framework of the order.


	Rose Appraisal Associates has worked hard for its track record for producing competent and ethically superior appraisals. Contact us today to learn more.

There are also ethical duties that have nothing to do with whom we share information. For example, appraisers must store their work files for a minimum of five years - something else Rose Appraisal Associates makes a part of their standard routine.

We meet or exceed the industry standards and rules set in place for ethics. We can't accept anything less from ourselves. Doing assignments based on contingency fees is never an option. That is, we can't agree to do an appraisal report and base our pay upon coming up with a particular value conclusion. It should be obvious that fabricating a home's value to achieve essentially a bigger fee is unethical!

Finally, the Uniform Standards of Professional Appraisal Practice clearly defines 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 diligently follow these rules to the letter which means you can rest easy knowing we are working hard to objectively determine the home or property value.

With Rose Appraisal Associates, you can be assured of 100 percent ethical, honest service.