Shafer Appraisal provides honest and ethical appraisals for Oklahoma County

Shafer Appraisal upholds the utmost professional ethics

Typically, appraising is a long term career. The rigors of becoming a licensed appraiser have increased more than ever before. That's why it goes without question in this day and age that real estate appraisal can definitely be considered a profession as opposed to a trade. As with any profession we must follow strict ethical considerations.

The appraiser's main obligation is to their client. Typically, in residential practice, the lender (or an agent of the lender) places the order to the appraiser, becoming the appraiser's client. Thereon, appraisers have certain duties of confidentiality to their clients, plus strict rules and regulations to which we must adhere. As a homeowner, if you want to obtain a copy of the appraisal document, you generally should get it via your lender and not the appraiser.

Other obligations include numerical accuracy depending on the scope of the assignment, acquiring and maintaining an appropriate level of competency and education, and the appraiser must conduct him or herself as a professional. Here at Shafer Appraisal, we take these ethical responsibilities very to heart.

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


	Shafer Appraisal has an established reputation for performing appraisals with the highest of ethics. Contact us today to learn more.

There are also ethical standards that have nothing to do with whom we share information. For example, appraisers must store their work files for at least five years - at Shafer Appraisal you can rest assured that we stick to that rule.

We only perform to the highest ethical standards possible. Accepting assignments based on contingency fees is not something we can consider. That is, we are not able to agree to do an appraisal report and collect payment on the contingency of the loan closing. There's an obvious 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 clearly describes 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" in addition to other situations We diligently follow these rules to the letter which means you can be confident we are working hard to get you an accurate home or property value.

With Shafer Appraisal, you won't have any doubts that you're getting 100 percent ethical, honest service.