||Elite Appraisal Center, LLC has worked hard for its reputation for producing appraisals with the highest of ethics. Contact us today to learn more.
Appraisers also have standards outside of boundaries of clients and others. For example, appraisers must backup their work files for a minimum of five years - at Elite Appraisal Center, LLC you can rest assured that we stick to that rule.
When creating reports, we follow the highest ethical standards possible.
Doing assignments 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 collect payment on the contingency of the loan closing.
There's certainly a conflict of interest if an appraiser can report a greater value and then get paid more money!
Finally, the Uniform Standards of Professional Appraisal Practice explicitly defines 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" as well as other situations. We follow these rules to the letter which means you can be assured we are doing everything we can to provide an unbiased determination of the home or property value.
With Elite Appraisal Center, LLC, you can be assured of 100 percent ethical, professional service.