Arkansas Real Estate Appraisal Professional Inc. maintains the highest professional ethics

We have many obligations as appraisers, but our primary duty is to our clients. Normally, in residential practice, the lender (or an agent of the lender) places the order to the appraiser, becoming the appraiser's client. Thereon, 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 review the appraisal document, you generally should request it from your lender and not the appraiser.

Other responsibilities include accurate figures appropriate to the parameters of the assignment, attaining and maintaining a certain level of competency and education, and naturally, the appraiser must bear a professional demeanor. Maintaining high ethics and client confidentiality is what we do every day at Arkansas Real Estate Appraisal Professional Inc..

Appraisers will sometimes need to consider the interests of third parties, such as homeowners, buyers and sellers, or others. Those third parties normally are listed in scope of the appraisal assignment itself. An appraiser's fiduciary duty is restricted to those parties who the appraiser is aware of, based on the scope of work or other written parameters of the order.

	Arkansas Real Estate Appraisal Professional Inc. has an established reputation for producing appraisals with the highest of ethics. To learn more, contact us.

There are also ethical rules that have nothing to do with clients and others. For example, appraisers must backup their work files for at least five years - something else Arkansas Real Estate Appraisal Professional Inc. makes a part of their standard routine.

When working on an assignment, we follow the highest ethical standards possible. Accepting assignments where our fee is dependent on our value conclusion is not something we can consider. That means we can't agree to do an appraisal report and collect payment on the contingency of the loan closing. There's certainly a conflict of interest if an appraiser can report an unsubstantiated value and then get paid more money!

Finally, the Uniform Standards of Professional Appraisal Practice clearly describes 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 follow these rules to the letter which means you can be confident we are doing everything we can to objectively determine the home or property value.

With Arkansas Real Estate Appraisal Professional Inc., you can be assured of 100 percent ethical, professional service.