Pruett & Associates provides honest and ethical appraisals for Garfield County

For honest and ethical appraisals, trust Pruett Appraisal Services, LLC

Generally, appraising is a long term career. Requirements to become 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 considered a profession as opposed to a trade. As with any profession we have a strict ethical code.

The appraiser's main responsibility is to their client. Typically, for a regular 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 retained to maintain independence. Appraisers have certain duties of privacy to their clients, plus strict rules and regulations controlling with whom we share information. As a homeowner, if you desire a copy of an appraisal report, you normally should obtain it via your lender and not the appraiser.

Other responsibilities include numerical accuracy depending on the assignment's nature, reaching and keeping a certain level of competency and education, and of course, the appraiser must behave in a professional manner. Maintaining high ethics and client confidentiality is what we do every day at Pruett Appraisal Services, LLC.

Appraisers will regularly be obligated to consider the interests of third parties, including homeowners, buyers and sellers, or others. Those third parties normally are defined in the appraisal assignment itself. An appraiser's fiduciary duty is only to those third parties who the appraiser is aware of, based on the scope of work or other things in the framework of the job.


	Pruett Appraisal Services, LLC has an established reputation for producing appraisals with the highest of ethics. To learn more, contact us.

Appraisers also have rules outside of boundaries of with whom we share information For example, appraisers must be able to produce their work files for at least five years - at Pruett & Associates you can rest assured that we adhere to that rule.

Pruett Appraisal Services, LLC holds itself to the industry standards and rules set in place for professional behavior. We refuse to accept anything less from ourselves. Accepting assignments where our fee is dependent on our value conclusion is never an option. In other words, we don't agree to do an appraisal report and base our pay upon coming up with a particular value conclusion. There's certainly a conflict of interest if an appraiser can report a larger value with the reward of getting paid more money!

Finally, the Uniform Standards of Professional Appraisal Practice also defines 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 at ease knowing we are working hard to get you an accurate home or property value.

With Pruett Appraisal Services, LLC you won't have any doubts that you're getting 100 percent ethical, professional service.