Morteza Tehrani provides honest and ethical appraisals for Orange County

For honest and ethical appraisals, count on Morteza Tehrani

Appraising is a profession, and appraisers are professionals. Requirements to become a licensed appraiser have become more difficult than ever in the past. That's why it goes without question in this day and age that real estate appraisal can certainly be called a profession as opposed to a trade. In our field, as with any profession, we must follow strict ethical considerations.

An appraiser's main obligation is to their client. Generally, for a normal 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 contracted 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 want to obtain a copy of the appraisal document, you normally have to request it via your lender and not the appraiser.

Other obligations include accurate sums appropriate to the scope of the report, reaching and keeping a certain level of competency and education, and of course, the appraiser must behave in a professional manner. Here at Morteza Tehrani, we take these ethical responsibilities very to heart.

There are some scenarios in which appraisers will have fiduciary responsibilities to third parties, including homeowners, both sellers and buyers, or others. Those third parties normally are defined in the appraisal assignment itself. An appraiser's fiduciary responsibility is limited to those parties who the appraiser knows, based on the scope of work or other written parameters of the order.


	Morteza Tehrani has worked hard for its track record for providing appraisals with the highest of ethics. Contact us today to learn more.

There are also ethical duties that have nothing to do with clients and others. For example, appraisers must keep their work files for at least five years - at Morteza Tehrani you can rest assured that we abide by that rule.

Morteza Tehrani holds itself to the industry standards and rules set in place for ethics. We refuse to accept anything less from ourselves. Working on orders based on contingency fees is never an option. That is, we can't 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 larger value with the reward of getting paid more money!

Finally, the Uniform Standards of Professional Appraisal Practice (or simply "USPAP") also describes unethical behavior 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" as well as other situations. We diligently follow these rules to the letter which means you can be confident we are doing everything we can to get you an accurate home or property value.

When you request an appraisal from Morteza Tehrani, we'll make sure you're getting the professional service you deserve along with the principles we're known for.