North Metro Appraisal Service, Inc. provides honest and ethical appraisals for Anoka County

North Metro Appraisal Service, Inc. maintains the utmost professional ethics

By and large, appraising is a long term career. Requirements to become a licensed appraiser have increased more than ever before. That's why it goes without question these days that real estate appraisal can definitely be called a profession rather than a trade. In our field, as with any profession, we are bound by ethical considerations.

We have a great deal of responsibilities as appraisers, but our main duty is to our clients. Typically, in residential practice, the appraiser's client is the lender ordering the appraisal, and often the appraisal is ordered by a third party the lender has hired in order to maintain independence. Subsequently, appraisers are typically limited to only disclosing information to their clients, so as a homeowner, if you want to review the appraisal document, you generally should obtain it via your lender.

Other responsibilities include accurate sums appropriate to the nature of the report, acquiring and sustaining an adequate level of competency and education, and of course, the appraiser must behave in a professional manner. Here at North Metro Appraisal Service, Inc., we take these ethical responsibilities very to heart.

Appraisers will regularly be required to consider the interests of third parties, such as homeowners, buyers and sellers, or others. Typically the third parties are specifically defined in the appraisal report. An appraiser's fiduciary responsibility is only to those third parties who the appraiser knows, based on the scope of work or other things in the framework of the job.


	North Metro Appraisal Service, Inc. has an established reputation for completing competent and ethically superior appraisals. To learn more, contact us.

There are also ethical rules that have nothing to do with whom we share information. For example, appraisers must backup their work files for at least five years - something else North Metro Appraisal Service, Inc. makes a part of their standard routine.

We demand the highest professional integrity possible from ourselves. Doing assignments where our fee is dependent on our value conclusion is not something we can consider. That means we can't 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 larger value with the reward of getting paid more money! We just don't do it.

Finally, the Uniform Standards of Professional Appraisal Practice (or simply "USPAP") clearly states 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 working hard to provide an unbiased determination of the home or property value.

With North Metro Appraisal Service, Inc., you won't have any doubts that you're getting 100 percent ethical, professional service.