BLUEWATER APPRAISALS OF THE FLORIDA KEYS provides honest and ethical appraisals for Monroe County

For honest and ethical appraisals, count on BLUEWATER APPRAISALS OF THE FLORIDA KEYS

Appraising is generally a long term career. Requirements to become a licensed appraiser have become more difficult than ever before. That's why it goes without question in this day and age that real estate appraisal can definitely 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. Typically, in residential practice, the lender (or an agent of the lender) places the order to the appraiser, becoming the appraiser's client. It follows that appraisers are privy to a lot of information, and like an attorney, can only discuss many of these matters with their client. As a homeowner, if you would like a copy of the appraisal document, you normally have to get it from your lender and not the appraiser.

Other responsibilities include accurate sums appropriate to the nature of the assignment, acquiring and maintaining a particular level of competency and education, and naturally, the appraiser must bear a professional demeanor. Maintaining high ethics and client confidentiality is just normal course of business for us at BLUEWATER APPRAISALS OF THE FLORIDA KEYS.

Appraisers may regularly have fiduciary obligations to third parties, such as homeowners, both sellers and buyers, or others. Generally the third parties are explicitly defined in the appraisal report. An appraiser's fiduciary duty is only to those third parties who the appraiser knows, based on the scope of work or other written parameters of the order.

BLUEWATER APPRAISALS OF THE FLORIDA KEYS has an established reputation for providing appraisals with the highest of ethics. Contact us today to learn more.


There are also ethical rules that have nothing to do with whom we share information. For example, appraisers must keep their work files for at least five years - at BLUEWATER APPRAISALS OF THE FLORIDA KEYS you can rest assured that we stick to that rule.

We require the highest ethical standards possible from ourselves. Accepting orders based on contingency fees is never an option. That is, we are not able to agree to do an appraisal report and collect payment on the contingency of the loan closing. There's an obvious 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 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 diligently follow these rules to the letter which means you can be confident we are working hard to provide an unbiased determination of the home or property value.

With BLUEWATER APPRAISALS OF THE FLORIDA KEYS, you can be assured of 100 percent ethical, professional service.


BLUEWATER APPRAISALS OF THE FLORIDA KEYS 30 Kingfisher Lane Key West, FL 33040
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