Rex McCarty Appraisal Service provides honest and ethical appraisals for Scott County

Rex McCarty Appraisal Service upholds the highest professional ethics

We think of what we do as a profession. Requirements to become a licensed appraiser have become more difficult than ever in the past. That's why it goes without question these days that real estate appraisal can unquestionably be considered a profession rather than a trade. In our field, as with any profession, we have a strict ethical code.

We have a great deal of responsibilities as appraisers, but first and foremost we answer to our clients. Most of the time, 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. Appraisers are privy to a lot of data, and like an attorney, can only discuss many of these matters with their client. As a homeowner, if you desire to obtain a copy of an appraisal report, you generally have to request it via your lender.

Other responsibilities include numerical accuracy depending on the scope of the assignment, attaining and keeping an appropriate level of competency and education, and naturally, the appraiser must bear a professional demeanor. Here at Rex McCarty Appraisal Service, we take these ethical responsibilities very seriously.

Appraisers will sometimes be obligated to consider the interests of third parties, including homeowners, both buyers and sellers, or others. Those third parties normally are spelled out in the appraisal assignment itself. An appraiser's fiduciary role is limited to those third parties who the appraiser is aware of, based on the scope of work or other things in the framework of the assignment.

Rex McCarty Appraisal Service has worked hard for its track record for completing appraisals with the highest of ethics. Contact us today to learn more.


Appraisers also have duties outside of boundaries of clients and others. For example, appraisers must backup their work files for at least five years - something else Rex McCarty Appraisal Service takes very seriously.

When working on an assignment, we follow the highest ethical standards possible. Doing assignments where our fee is dependent on our value conclusion is not something we can consider. That means we are not able to agree to do an appraisal report and get paid only if the loan closes. There's certainly a conflict of interest if an appraiser can report a greater value with the reward of getting paid more money! We set ourselves to a higher standard.

Finally, the Uniform Standards of Professional Appraisal Practice explicitly states 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 follow these rules to the letter which means you can be at ease knowing we are going above and beyond to get you an accurate home or property value.

With Rex McCarty Appraisal Service, you won't have any doubts that you're getting 100 percent ethical, honest service.


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