David Losleben provides honest and ethical appraisals for Bexar County

David Losleben upholds the utmost professional ethics

Appraising is a profession, and appraisers are professionals. The rigors of becoming a licensed appraiser have increased more than ever before. That's why it goes without question these days that real estate appraisal can unquestionably be dubbed a profession as opposed to a trade. As with any profession we are bound by an ethical code.

We have a great deal of responsibilities as appraisers, but our chief duty is to our clients. Generally, 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 retained to maintain independence. Certain details pertaining to an assignment are to be shared exclusively with the appraiser's client. So, as a homeowner, if you desire to review an appraisal report, you normally have to request it from your lender and not the appraiser.

Other obligations include accurate figures appropriate to the parameters of the assignment, reaching and maintaining a respectable level of competency and education, and naturally, the appraiser must bear a professional demeanor. Maintaining high ethics and client confidentiality is what we do every day at David Losleben.

Appraisers can regularly have fiduciary obligations to third parties, such as homeowners, sellers and buyers, or others. Generally the third parties are specifically defined in the appraisal report. An appraiser's fiduciary responsibility is restricted to those parties who the appraiser is aware of, based on the scope of work or other written parameters of the order.


	David Losleben has an established 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 whom we share information. For example, appraisers must store their work files for at least five years - at David Losleben you can rest assured that we adhere to that rule.

We require the highest professional integrity possible from ourselves. Doing orders where our fee is dependent on our value conclusion is not something we can consider. In other words, we don't agree to do an appraisal report and collect the fee only if the loan closes. There's certainly a conflict of interest if an appraiser can report an unsubstantiated value and then get paid more money! We set ourselves to a higher standard.

Finally, the Uniform Standards of Professional Appraisal Practice (or simply "USPAP") clearly defines 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" 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 provide an unbiased determination of the home or property value.

As soon as you engage David Losleben, we'll make sure you're getting the professional service you deserve along with the high ethical standards we're known for.