For honest and ethical appraisals, trust Robert J. Pachence

We have a lot of responsibilities as appraisers, but our main duty is to our clients. More often than not, 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 brought in to maintain independence. 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 want a copy of the appraisal document, you normally should get it via your lender.

Other obligations include numerical accuracy depending on the scope of the assignment, reaching and maintaining a particular level of competency and education, and the appraiser must conduct him or herself as a professional. Here at Robert J. Pachence, we take these ethical responsibilities very seriously.

In some cases appraisers will have fiduciary responsibilities to third parties, including homeowners, both sellers and buyers, or others. Normally the third parties are explicitly defined in the appraisal report. An appraiser's fiduciary duty is only to those parties who the appraiser is aware of, based on the scope of work or other written parameters of the job.

	Robert J. Pachence has an established track record for completing competent and ethically superior appraisals. Contact us today to learn more.

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 Robert J. Pachence diligently adheres to.

We meet or exceed the industry standards and mandates set in place for professional behavior. We can't accept anything less from ourselves. Working on assignments 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 collect the fee only if the loan closes. There's an obvious conflict of interest if an appraiser can report a larger value with the reward of getting paid more money! We just don't do it.

Finally, the Uniform Standards of Professional Appraisal Practice explicitly states 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" in addition to other situations We diligently follow these rules to the letter which means you can be assured we are doing everything we can to get you an accurate home or property value.

When you request an appraisal from Robert J. Pachence, we'll make sure you're getting the professional service you expect along with the high ethical standards we're known for.