What should appraisers avoid to maintain impartiality?

Boost your confidence for the IAAO Fundamentals of Real Property Appraisal Test. Study with flashcards and multiple choice questions, each featuring hints and explanations. Gear up for your exam success!

Appraisers should avoid conflicts of interest or situations that could compromise their objectivity to maintain impartiality. Impartiality is essential in the appraisal process because it ensures that the appraiser's opinion of value is unbiased and based solely on relevant data and facts. Conflicts of interest can arise when an appraiser has a personal or financial stake in the outcome of the appraisal, which may inadvertently influence their judgment. This is why it's crucial for appraisers to disclose any potential conflicts and refuse engagements that could jeopardize their objectivity.

Maintaining impartiality is key to upholding the integrity of the appraisal profession and ensuring that the results are trusted and accepted by all parties involved. By focusing solely on the facts and adhering to ethical guidelines, appraisers contribute to fair and equitable outcomes in property assessments.

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