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As shocking as it may be, commercial real estate appraisal reviews are required for the following reasons: The conclusion of the original CRE appraisal is in contention. The obligation to the client isn’t met. clarify references and data to ensure that all parties (including the jury) understand the information.
Surprisingly, few appraisers use speaking opportunities to attract new appraisal clients. In a 2020 Voice of the Appraiser study by ValuationReview, 46% of appraisers listed low fees as the greatest concern for their profession. FHFA: Reducing Valuation Bias by Addressing Appraiser and Property Valuation Commentary.
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