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Reconsideration of Value and Appraisers

Appraisal Today

Excerpts: Suggested protocols for responding to Reconsideration of Value requests. Maintain USPAP compliance – Confirm the ROV request came from your client, either directly or through the client’s AMC, acting as an agent for the client, or other party designated as an agent by the client. Excerpts: 2.

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2022 Appraisal Outlook: Appraisers Cast Optimistic Eye On Coming Year

McKissock

One possibility being discussed is a standardized reconsideration of value process that a property owner can utilize if they believe their house was undervalued by an appraiser. Older appraisers, he says, often get calls to handle complex properties that might lie outside the expertise of a less experienced competitor. “We