Uniform Standards of Professional Appraisal Practice

RealEstateAppraiser_78377853My children loved The Lorax by Dr. Seuss, an environmentally friendly book in which a creature called the Lorax spoke “for the trees.” While real estate appraisers are not subject to the environmental difficulties that our flora and fauna face, I have seen an increase in the number of attacks on real estate appraisers over the past few years, including reports to state licensing authorities seeking censure or removal of appraisers’ licenses. The complainers often have their own economic interest in the transaction, including sellers when the appraisal price is too low, buyers when the appraisal price is too high or lenders after a default.
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