After the Appraisal

[Kam544@aol.com]

Part of a post by Jeff Stickney, RPT:
>>...Is this a good solution, or does it further muddy the ethical
waters?...<<

Jeff and others,

All of a sudden I was struck with a novel concept concerning appraisals.
 Please bear with me as I set the stage.  I picked some dictionary meanings
from The American Heritage Dictionary, Standard Edition for the following
words: ethical, principle, policy, appraise, evaluate, and judge.

1. ethical - Being in accordance with the accepted principles of right and
wrong that govern the conduct of a profession.

2. principle - A fixed or predetermined policy or mode of action.

3. policy -
a) A plan or course of action intended to influence and determine decisions,
actions, and other matters.
b) A course of action, guiding principle,

4. appraise -
a) To evaluate, especially in an official capacity.
b) To estimate the quality, amount, size, and other features of; judge.

5. evaluate -
a) To ascertain or fix the value or worth of.
b)  To examine and judge carefully; appraise.

6) judge - To form an opinion or estimation of after careful consideration.

Given these meanings, wouldn't an ethical appraisal constitute the worth and
condition of an instrument?  And if so, wouldn't revealing that worth and
condition to all who ask be the ethical thing to do, unless the originator of
the requested appraisal ask for it to remain in confidence?

If this is the case, then it seems to follow that the originator is the only
one that needs to be advised of the appraiser's policy, and it would behoove
an individual claiming to be an appraiser to have a policy.

If I have only repeated what has been discussed, please forgive me. However,
I feel I have introduced another level not mentioned in previous posts on
this thread.

Keith A. McGavern, RPT
Oklahoma Chapter 731
Oklahoma Baptist University
Shawnee, Oklahoma