S&N Appraisal, Inc provides honest and ethical appraisals for Manatee and Sarasota County

Honesty and Integrity: S&N Appraisal, Inc

Appraising is a profession, and appraisers are professionals. Requirements to become a licensed appraiser have become more difficult than ever before. So it goes without question in this day and age that real estate appraisal can definitely be considered a profession as opposed to a trade. In our field, as with any profession, we have a strict ethical code.

We have a lot of obligations as appraisers, but our chief duty is to our clients. Normally, for a typical residential appraisal, the lender (or an agent of the lender) places the order to the appraiser, becoming the appraiser's client. Thereon, appraisers have certain duties of privacy to their clients, plus many rules and regulations to which we must adhere. So, as a homeowner, if you want to obtain a copy of the appraisal document, you generally should obtain it from your lender and not the appraiser.

Other obligations include numerical accuracy depending on the assignment's nature, reaching and maintaining a respectable 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 S&N Appraisal, Inc.

There are some scenarios in which appraisers will have fiduciary responsibilities to third parties, such as homeowners, sellers and buyers, or others. Typically the third parties are specifically 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 things in the framework of the job.


	S&N Appraisal, Inc has an established track record for performing appraisals with the highest of ethics. To learn more, contact us.

Appraisers also have standards outside of boundaries of clients and others. For example, appraisers must store their work files for a minimum of five years - something else S&N Appraisal, Inc takes very seriously.

When working on an assignment, we follow the highest ethical standards possible. Accepting orders where our fee is dependent on our value conclusion is never an option. In other words, we are not able to agree to do an appraisal report and base our pay upon coming up with a particular value conclusion. Anyone should be able to see that inflating a value to achieve a bigger paycheck is unethical! This isn't how we operate.

Finally, the Uniform Standards of Professional Appraisal Practice also states unethical behavior as the acceptance 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 confident we are doing everything we can to provide an unbiased determination of the home or property value.

As soon as you engage S&N Appraisal, Inc, we'll make sure you're getting the professional service you deserve along with the high ethical standards we're known for.