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At Avaluo Appraisal Group, we recognize that appraising is more than a trade; it is a profession marked by rigorous standards and increasing expectations. Today, real estate appraisal is undoubtedly recognized as a profession, underscored by a strict ethical code that we adhere to diligently. This ethical commitment ensures that we conduct our services with the utmost honesty and integrity.
As licensed appraisers, our primary responsibility is to our clients, who are typically lenders in standard residential appraisals. However, our ethical duties extend beyond the client-lender relationship. We maintain confidentiality, provide accurate figures tailored to each report, and continuously enhance our competency and education to uphold professional standards. At Avaluo Appraisal Group, maintaining high ethics and safeguarding client confidentiality are fundamental to our business practices.
Years of Experience
In certain scenarios, our fiduciary duties may also extend to third parties such as homeowners, buyers, and sellers, clearly defined within the appraisal report. Our commitment is to fulfill these duties impartially, guided strictly by the parameters of our professional engagement.
We rigorously follow industry guidelines, including those set by the Uniform Standards of Professional Appraisal Practice (USPAP), which prohibits assignments contingent on predetermined outcomes or financial gains tied to appraisal results.
We ensure that all work files are backed up and securely maintained for a minimum of five years, as per professional standards, providing further assurance of our dedication to ethical practices.
Avaluo Appraisal Group does not engage in assignments on contingency fees or percentage fees, as doing so could compromise the objectivity of our appraisals. We stand by the principle that our compensation should never influence the value assessment of properties.
We set ourselves to a higher standard, not just meeting but exceeding the ethical requirements established by law and our professional organization. This commitment to ethical excellence means that every appraisal we conduct is not only compliant with the best practices but also reflects our dedication to integrity and responsible professional conduct.
When you engage Avaluo Appraisal Group, you receive not only professional service but also the assurance of ethical conduct in all our appraisals. We are committed to delivering the highest standard of service, ensuring that each valuation is conducted with precision and integrity.
At Avaluo Appraisal Group, we are committed to providing accurate and ethical appraisal services to meet the diverse needs of our clients.