Long Real Estate Appraisers upholds the highest professional ethics
The business is a profession. As with any profession we follow strict ethical considerations.
We have a lot of responsibilities as appraisers but above all we answer to the client. Other responsibilities also include acquiring and maintaining competency, continuing education and of course a professional manner. Here at Long Real Estate Appraisers, we take these ethical responsibilities quite seriously.
Long Real Estate Appraisers has an established track record for producing appraisals with the highest of ethics.
Appraisers can regularly have fiduciary obligations to third parties, including 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 third parties who the appraiser knows, based on the scope of work or other written parameters of the order.
There are also ethical duties that have nothing to do with clients and others. For example, appraisers must be able to produce their work files for a minimum of five years - at Long Real Estate Appraisers you can rest assured that we adhere to that rule.
We meet or beat the industry standards and mandates set in place for professional behavior. We won't accept anything less. Working on assignments that contingency fees is never an option. That is, we don't agree to do an appraisal report and collect payment on the contingency of the loan closing or settlement. We do not do assignments on percentage fees. That is perhaps amongst the industries biggest no-no, as it invites fraudulent practices. Other unethical practices may be defined by state law and/or professional organizations.
The Uniform Standards of Professional Appraisal Practice (USPAP) states unethical behavior quite clearly. We follow these rules to the letter as we are do everything to objectively determine the property value.
With Steven M. Long, you can be assured of ethical and knowlegable service.