Anderson Appraisal, LLC provides honest and ethical appraisals for Randall County

For honest and ethical appraisals, count on Anderson Appraisal, LLC

We think of what we do as a profession. Requirements to become a licensed appraiser have increased more than ever before. That's why it goes without question these days that real estate appraisal can definitely be called a profession rather than a trade. In our field, as with any profession, we are bound by an ethical code.

We have a lot of responsibilities as appraisers, but first and foremost we answer to our clients. 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 brought in to maintain independence. Consequently, 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 to review an appraisal report, you generally should obtain it from your lender.

Other obligations include accurate figures appropriate to the nature of the report, reaching and maintaining an adequate level of competency and education, and naturally, the appraiser must bear a professional demeanor. Here at Anderson Appraisal, LLC, we take these ethical responsibilities very seriously.

Appraisers may also have fiduciary obligations to third parties, including homeowners, both sellers and buyers, or others. Those third parties normally are spelled out in scope of the appraisal assignment itself. An appraiser's fiduciary roll 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.

Anderson Appraisal, LLC has an established track record for completing competent and ethically superior appraisals. 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 a minimum of five years - at Anderson Appraisal, LLC you can rest assured that we abide by that rule.

We require the highest ethical standards possible from ourselves. Accepting assignments where our fee is dependent on our value conclusion is not something we can consider. In other words, we can'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 and then get paid more money! This isn't how we operate.

Finally, the Uniform Standards of Professional Appraisal Practice clearly states 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 follow these rules to the letter which means you can be assured we are going above and beyond to objectively determine the home or property value.

When you request an appraisal from Anderson Appraisal, LLC, we'll make sure you're getting the professional service you deserve along with the high ethical standards we're known for.


Anderson Appraisal, LLC 4901 Hillside Rd Bldg. G Amarillo, TX 79109-6363
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