James Earp Appraisal Service provides honest and ethical appraisals for Wake County

Honesty and Integrity: James Earp Appraisal Service

We think of our business as a profession. The rigors of becoming a licensed appraiser have increased more than ever before. So it goes without question in this day and age that real estate appraisal can definitely be called a profession rather than a trade. As with any profession we are bound by ethical considerations.

An appraiser's primary responsibility is to their client. 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. Consequently, appraisers have certain duties of privacy to their clients, plus strict rules and regulations that must be followed. As a homeowner, if you want a copy of the appraisal document, you normally have to get it through your lender instead of the appraiser.

Other obligations include numerical accuracy depending on the scope of the assignment, acquiring and keeping an appropriate level of competency and education, and naturally, the appraiser must bear a professional demeanor. Maintaining high ethics and client confidentiality is standard operating procedure for us at James Earp Appraisal Service.

Appraisers will regularly need to consider the interests of third parties, such as homeowners, both buyers and sellers, or others. Generally the third parties are clearly defined in the appraisal report. An appraiser's fiduciary duty is restricted to those third parties who the appraiser is aware of, based on the scope of work or other written parameters of the assignment.

James Earp Appraisal Service has worked hard for its track record for completing appraisals with the highest of ethics. To learn more, contact us.


Appraisers also have duties outside of boundaries of clients and others. For example, appraisers must be able to produce their work files for at least five years - at James Earp Appraisal Service you can rest assured that we adhere to that rule.

We require the highest ethical standards possible from ourselves. Accepting assignments where our fee is dependent on our value conclusion is never an option. 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 what amounts to a bigger paycheck is unethical! This isn't how we operate.

Finally, the Uniform Standards of Professional Appraisal Practice clearly describes a violation in ethics as the acceptance 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 assured we are going above and beyond to provide an unbiased determination of the home or property value.

With James Earp Appraisal Service, you can be assured of 100 percent ethical, professional service.


James Earp Appraisal Service PO Box 37332 Raleigh, NC 27627
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