McPherson Appraisal Service, Inc provides honest and ethical appraisals for Allen County

Honesty and Integrity: McPherson Appraisal Service, Inc

We think of our job as a profession. Requirements to become a licensed appraiser have become more difficult than ever in the past. That's why it goes without question in this day and age that real estate appraisal can certainly be called a profession rather than a trade. In our field, as with any profession, we are bound by ethical considerations.

The appraiser's chief obligation is to their client. Most of the time, for a standard residential appraisal, the lender (or an agent of the lender) places the order to the appraiser, becoming the appraiser's client. It's important to know that a lot of matters pertaining to an assignment are to be discussed exclusively with the appraiser's client. As a homeowner, if you want to obtain a copy of the appraisal document, you generally should obtain it through your lender.

Other responsibilities include accurate calculations appropriate to the nature of the report, acquiring and sustaining an adequate level of competency and education, and naturally, the appraiser must bear a professional demeanor. Here at McPherson Appraisal Service, Inc, we take these ethical responsibilities very to heart.

Appraisers may often have fiduciary responsibilities to third parties, such as homeowners, both sellers and buyers, or others. Generally the third parties are specifically defined in the appraisal report. An appraiser's fiduciary duty is only to those third parties who the appraiser knows, based on the scope of work or other things in the framework of the job.


	McPherson Appraisal Service, Inc has an established track record for completing competent and ethically superior appraisals. To learn more, contact us.

There are also ethical rules that have nothing to do with whom we share information. For example, appraisers must be able to produce their work files for a minimum of five years - something else McPherson Appraisal Service, Inc diligently adheres to.

We demand the highest ethical standards possible from ourselves. Accepting assignments where our fee is dependent on our value conclusion is not something we can consider. In other words, we don't agree to do an appraisal report and base our pay upon coming up with a particular value conclusion. It should be obvious that inflating a value to achieve essentially a higher paycheck is unethical! This isn't how we operate.

Finally, the Uniform Standards of Professional Appraisal Practice (or simply "USPAP") also 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" 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 get you an accurate home or property value.

As soon as you request an appraisal from McPherson Appraisal Service, Inc, we'll make sure you're getting the professional service you expect along with the high ethical standards we're known for.