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Getting Appraisers to Reconsider Value—Do’s & Don’ts

Portland Appraisal Blog

The purpose of this blog post is to lend some insight into what an agent should do and not do during the third stage. Usually this is done via a document known as a “reconsideration of value” (ROV for short). What is a Reconsideration of Value? In short, a reconsideration of value is another appraisal.

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Reconsideration of Value and Appraisers

Appraisal Today

Excerpts: Suggested protocols for responding to Reconsideration of Value requests. Click here to listen to Tim Andersen, MAI’s podcast, “Reconsiderations of Value: Satan’s Own Seed, Right?” Get the relevant date of value from the client or client’s attorney. How to Respond to ROV Requests: Updated Guidance.