In what capacity is an individual permitted to provide valuation services that involve advocacy while acting as an appraiser?

An appraiser is expected to maintain objectivity and impartiality while providing valuation services. The role of an appraiser is to render an unbiased opinion of value based on data, analysis, and accepted methodologies. When an appraiser engages in advocacy, it inherently conflicts with the expectation of providing a neutral and objective valuation.

This means that an appraiser cannot act in a capacity that allows for bias or influence stemming from a specific agenda or interest, which is what advocacy would entail. Such a stance is essential for upholding the integrity of the appraisal profession, ensuring that the valuation process serves the best interests of all stakeholders involved, including clients, the public, and the market.

While certain situations may allow for individuals to provide both advocacy and valuation services—typically outlined by specific regulations—within the context of traditional appraisal environments, the overarching ethical guidelines generally prohibit the intertwining of advocacy with appraisal duties. Thus, the accepted practice is that an appraiser should refrain from any advocacy that could compromise their ability to provide an impartial and objective appraisal.