5 Tips for Navigating an Issue with an Appraiser

We’ve put together some suggested best practices that may be helping when working with appraisers:

Document

• Have written policies and procedures.
• Document USPAP violations, unprofessional conduct, unethical conduct, and contractual breaches.

Notify

• Provide appraisers with written notice of their removal from an approved panel or inclusion on an exclusion or probation list.
• In the notice, specify the reason they are being removed or added, as applicable.

Resolve

• Engage the appraiser in addressing any disputes or concerns over his or her removal.
• Give the appraiser the chance to dispute any alleged violations.

Report

• Remember that if you remove an appraiser from an approved list in connection with a material violation, you probably have an obligation to report the violation to the state appraisal board.

Be Quiet

• Other than reporting to the appraisal board where required, think twice before you publicly broadcast alleged appraiser performance issues, especially before they are documented and substantiated.