What happens if a broker disregards proper procedures while appraising property?

When a broker disregards proper procedures while appraising property, they may face disciplinary action. This is because adherence to established procedures is crucial for ensuring the integrity and accuracy of property appraisals. Proper appraisal procedures help maintain trust in the real estate market, protect consumers, and uphold professional standards. When a broker fails to follow these procedures, it undermines the credibility of the appraisal process and can lead to various consequences, including professional discipline. This may involve actions such as losing their license, being subjected to fines, or receiving other penalties from regulatory bodies. Disciplinary measures serve to enforce compliance with the standards of practice that govern real estate professionals.