Thousand Islands Appraisals provides honest and ethical appraisals for Jefferson County

Thousand Islands Appraisals upholds the highest professional ethics

We think of our business as a profession. Requirements to become a licensed appraiser have become more difficult than ever in the past. So it goes without question in this day and age that real estate appraisal can definitely be dubbed a profession as opposed to a trade. In our field, as with any profession, we must follow strict ethical considerations.

We have a lot of responsibilities as appraisers, but our main duty is to our clients. Normally, for a standard residential appraisal, the lender (or an agent of the lender) places the order to the appraiser, becoming the appraiser's client. Appraisers are privy to a lot of data, and like an attorney, can only discuss many of these matters with their client. As a homeowner, if you would like to obtain a copy of the appraisal document, you normally should request it through your lender.

Other responsibilities include numerical accuracy depending on the scope of the assignment, acquiring and keeping an adequate level of competency and education, and the appraiser must conduct him or herself as a professional. Here at Thousand Islands Appraisals, we take these ethical responsibilities very seriously.

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


	Thousand Islands Appraisals has an established reputation for completing appraisals with the highest of ethics. To learn more, contact us.

There are also ethical rules 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 Thousand Islands Appraisals takes very seriously.

We demand the highest ethical standards possible from ourselves. Doing orders where our fee is dependent on our value conclusion is never an option. That means we can't agree to do an appraisal report and get paid only if the loan closes. It should be obvious that fabricating a home's value to achieve a higher paycheck is unethical! We set ourselves to a higher standard.

Finally, the Uniform Standards of Professional Appraisal Practice (or simply "USPAP") 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 follow these rules to the letter which means you can be confident we are doing everything we can to objectively determine the home or property value.

With Thousand Islands Appraisals, you won't have any doubts that you're getting 100 percent ethical, professional service.