Fuller Appraisals provides honest and ethical appraisals for Humboldt County

Fuller Appraisals upholds the highest professional ethics

Appraising is a profession, and appraisers are professionals. Requirements to become a licensed appraiser have become more difficult than ever in the past. So it goes without question these days that real estate appraisal can unquestionably be called a profession as opposed to a trade. As with any profession we must follow strict ethical considerations.

The appraiser's chief obligation is to their client. Typically, in residential practice, the appraiser's client is the lender ordering the appraisal, and often the appraisal is ordered by a third party the lender has contracted in order to maintain independence. It's important to know that many elements pertaining to an assignment are to be shared exclusively with the appraiser's client. So, as a homeowner, if you desire to obtain a copy of an appraisal report, you normally have to get it through your lender and not the appraiser.

Other obligations include accurate calculations appropriate to the nature of the assignment, reaching and maintaining an adequate level of competency and education, and naturally, the appraiser must bear a professional demeanor. Maintaining high ethics is what we do every day at Fuller Appraisals.

Appraisers will sometimes be obligated to consider the interests of third parties, such as homeowners, sellers and buyers, or others. Normally the third parties are explicitly defined in the appraisal report. An appraiser's fiduciary duty is limited to those parties who the appraiser is aware of, based on the scope of work or other written parameters of the assignment.


	Fuller Appraisals has an established reputation for providing 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 be able to produce their work files for at least five years - something else Fuller Appraisals diligently adheres to.

We meet or exceed the industry standards and guidelines set in place for ethics. We refuse to accept anything less from ourselves. Working on orders based on contingency fees is never an option. That means we are not able to agree to do an appraisal report and collect the fee only if the loan closes. There's an obvious conflict of interest if an appraiser can report a greater value with the reward of getting paid more money!

Finally, the Uniform Standards of Professional Appraisal Practice explicitly 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" as well as other situations. We diligently follow these rules to the letter which means you can be at ease knowing we are going above and beyond to provide an unbiased determination of the home or property value.

With Fuller Appraisals, you can be assured of 100 percent ethical, professional service.