Laramie Peak Appraisal Service, LLC provides honest and ethical appraisals for Converse County

Laramie Peak Appraisal Service, LLC maintains the highest professional ethics

Appraising is a profession, and appraisers are professionals. The rigors of becoming a licensed appraiser have become more difficult than ever in the past. So it goes without question in this day and age that real estate appraisal can certainly be considered a profession rather than a trade. In our field, as with any profession, we have a strict ethical code.

An appraiser's primary responsibility is to their client. Generally, for a standard residential appraisal, 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 restricted to only disclosing information to their clients, so as a homeowner, if you desire a copy of an appraisal report, you generally have to obtain it via your lender instead of the appraiser.

Other obligations include accurate sums appropriate to the nature of the assignment, reaching and keeping a certain level of competency and education, and naturally, the appraiser must bear a professional demeanor. Here at Laramie Peak Appraisal Service, LLC, we take these ethical responsibilities very to heart.

There are some scenarios in which appraisers will have fiduciary responsibilities to third parties, such as homeowners, both buyers and sellers, or others. Generally the third parties are explicitly defined in the appraisal report. An appraiser's fiduciary responsibility is limited to those parties who the appraiser is aware of, based on the scope of work or other written parameters of the assignment.


	Laramie Peak Appraisal Service, LLC has worked hard for its track record for providing appraisals with the highest of ethics. To learn more, contact us.

Appraisers also have standards outside of boundaries of clients and others. For example, appraisers must be able to produce their work files for a minimum of five years - at Laramie Peak Appraisal Service, LLC you can rest assured that we adhere to that rule.

Laramie Peak Appraisal Service, LLC holds itself to the industry standards and guidelines set in place for professional behavior. We can't accept anything less from ourselves. Doing orders where our fee is dependent on our value conclusion is never an option. That is, we don't agree to do an appraisal report and base our pay upon coming up with a particular value conclusion. There's an obvious conflict of interest if an appraiser can report an unsubstantiated value with the reward of getting paid more money! We just don't do it.

Finally, the Uniform Standards of Professional Appraisal Practice clearly describes 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 diligently follow these rules to the letter which means you can rest easy knowing we are working hard to provide an unbiased determination of the home or property value.

As soon as you engage Laramie Peak Appraisal Service, LLC, we'll make sure you're getting the professional service you deserve along with the honesty and integrity we're known for.