What distinguishes an appraiser from other valuation service providers according to USPAP?

An appraiser is distinguished from other valuation service providers primarily by the expectation that they will perform competently and ethically. This expectation is a fundamental aspect of the Uniform Standards of Professional Appraisal Practice (USPAP), which sets standards for appraisers in terms of their conduct and professional competency. The emphasis on ethical practice and competency ensures that appraisers adhere to specific standards that protect the integrity of the appraisal process and instill trust in their valuations.

The application of ethical standards is critical as appraisers must remain impartial and provide unbiased opinions regarding property values. This ethical obligation is not always equally emphasized across all valuation service providers, which can vary significantly in their regulatory requirements and professional standards. Therefore, the expectation of ethical and competent work specifically defines the role and responsibilities of appraisers under USPAP in a way that may not apply to all valuation service providers.