For honest and ethical appraisals, trust David Hammerschmidt

The appraiser's primary obligation is to their client. More often than not, for a normal residential appraisal, 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. It follows that appraisers are typically limited to only disclosing their findings to their clients, so as a homeowner, if you desire to review an appraisal report, you normally should obtain it through your lender instead of the appraiser.

Other obligations include accurate calculations appropriate to the scope of the assignment, reaching and keeping an appropriate level of competency and education, and of course, the appraiser must behave in a professional manner. Maintaining high ethics and client confidentiality is just normal course of business for us at David Hammerschmidt.

Appraisers will sometimes be obligated to consider the interests of third parties, including homeowners, sellers and buyers, or others. Generally the third parties are clearly defined in the appraisal report. An appraiser's fiduciary responsibility is limited to those third parties who the appraiser is aware of, based on the scope of work or other things in the framework of the assignment.

	David Hammerschmidt has worked hard for its track record for performing competent and ethically superior appraisals. Contact us today to learn more.

Appraisers also have rules outside of boundaries of clients and others. For example, appraisers must keep their work files for a minimum of five years - at David Hammerschmidt you can rest assured that we stick to that rule.

When creating reports, we follow the highest ethical standards possible. Working on assignments based on contingency fees is not something we can consider. That is, we can't agree to do an appraisal report and base our pay upon coming up with a particular value conclusion. There's a definite conflict of interest if an appraiser can report an unsubstantiated value and then get paid more money!

Finally, the Uniform Standards of Professional Appraisal Practice explicitly defines 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" as well as other situations. We follow these rules to the letter which means you can be confident we are going above and beyond to objectively determine the home or property value.

As soon as you engage David Hammerschmidt, we'll make sure you're getting the professional service you deserve along with the honesty and integrity we're known for.