O'Malley Real Estate Appraisal Company provides honest and ethical appraisals for Beaver County

Honesty and Integrity: O'Malley Real Estate Appraisal Company

We consider our job as a profession. The rigors of becoming a licensed appraiser have increased more than ever in the past. So it goes without question in this day and age that real estate appraisal can definitely be called a profession as opposed to a trade. In our field, as with any profession, we are bound by ethical considerations.

The appraiser's chief responsibility is to their client. 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. Consequently, 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 want a copy of the appraisal document, you normally should obtain it via your lender instead of the appraiser.

Other obligations include numerical accuracy depending on the scope of the assignment, acquiring and keeping a respectable level of competency and education, and naturally, the appraiser must bear a professional demeanor. Maintaining high ethics is what we do every day at O'Malley Real Estate Appraisal Company.

Appraisers will sometimes be required to consider the interests of third parties, including homeowners, buyers and sellers, or others. Those third parties normally are listed in scope of the appraisal assignment itself. An appraiser's fiduciary responsibility is only to those parties who the appraiser knows, based on the scope of work or other written parameters of the job.


	O'Malley Real Estate Appraisal Company has an established reputation for providing competent and ethically superior appraisals. To learn more, contact us.

There are also ethical duties that have nothing to do with clients and others. For example, appraisers must store their work files for at least five years - at O'Malley Real Estate Appraisal Company you can rest assured that we stick to that rule.

We demand the highest professional integrity possible from ourselves. Accepting assignments where our fee is dependent on our value conclusion is not something we can consider. That means we don't agree to do an appraisal report and base our pay upon coming up with a particular value conclusion. Anyone should be able to see that inflating a value to achieve a higher paycheck is unethical! 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" in addition to other situations We follow these rules to the letter which means you can be at ease knowing we are doing everything we can to provide an unbiased determination of the home or property value.

When you order an appraisal from O'Malley Real Estate Appraisal Company, we'll make sure you're getting the professional service you deserve along with the high ethical standards we're known for.