Ethics of Appraising

The Ethics of Appraising refers to the principles that guide real estate appraisers to conduct evaluations honestly, objectively, and with integrity. It ensures they provide fair, accurate, and unbiased opinions about a property's value, avoiding conflicts of interest or actions that could mislead clients. These ethical standards protect both consumers and the housing market by promoting trust, transparency, and professionalism in the appraisal process. Essentially, it requires appraisers to act responsibly, maintain competence, and prioritize truthful reporting for the benefit of all parties involved.