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Arleen E. Goscinski, ASA

Appraisal Ethics

You want a professional appraiser, but what does that mean?

It is common today for people in many fields to describe themselves as professional. One local bedding company calls its sales representatives "mattress professionals", presumably to cash in by association on the prestige of professionals such as accountants and attorneys. Here the implication is that mattress professionals, like other professionals, undergo extensive training, and conduct their business ethically and with full regard for the law. On the other hand, there are sports professionals, like professional wrestlers, who apparently use the term professional to flaunt their disregard for ethics and the code of fair conduct. So what does it mean when an appraiser -- like Ms. Goscinski -- describes herself as a professional?

USPAP.  In brief it means that she adheres to the Uniform Standards of Professional Appraisal Practice (USPAP), the code of ethics written by the Appraisal Foundation, which Congress authorized as the source of appraisal standards and appraiser qualifications. By relying on USPAP, Ms. Goscinski can produce appraisals -- her analyses, opinions, and advice -- in a manner meaningful to you and not misleading in the marketplace. USPAP helps her observe the highest standards of professional ethics.

Independence.  As an ethical appraiser, Ms. Goscinski strives to perform her assignments with impartiality, objectivity, and independence, and without regard to personal interests. Like an ethical physician, she'll tell you "how it is" even if that's not what you hoped to hear. You can rely on Ms. Goscinski's opinion, because she won't accept an assignment she's not qualified by knowledge and experience to execute competently. And her commitment to work ethically and lawfully means she won't write or use a misleading or fraudulent report

Confidentiality.  Because Ms. Goscinski takes her fiduciary responsibility to you, the client, as seriously as does an attorney or accountant, she treats the appraiser-client relationship as totally confidential. Your appraisal report will not be revealed to others without your consent or without due process of law. Your report and the materials it was based on will be kept on file and available to you for a minimum of five years.

Avoiding Impropriety.  Ms. Goscinski strives not only to avoid improper conduct, but also to avoid the appearance of it. She won't advertise for or solicit work in a false, misleading or exaggerated way, and she won't accept or pay a finder's or referral fee to get work. Although it sometimes means turning away a lucrative assignment, Ms. Goscinski won't accept work where the fee is a percentage of the appraised value or is contingent on reporting a predetermined value. In short, Ms. Goscinski doesn't seek or engage in work which constrains her independent, professional judgment.

Isn't that the kind of professional appraiser you want working for you?

Arleen E. Goscinski, ASA, New York State Certified Real Estate Appraiser
New York City, Queens, Nassau, Suffolk New York Real Estate Appraisals
149 Ketay Drive South  East Northport, NY 11731-5031
Phone: 631-368-0519  Fax: 631-486-6360
Email: agoscinski@houseappraisals.com