Appraiser proudly appraising Washtenaw County since 1989 (and active in RE community since 1984)

Appraisal Review

Do you have a problem you need to solve? Before going to the extent of having a new appraisal completed, give me a buzz to see if I might be able to help you with a review appraisal as opposed to a new appraisal (unless you want both).

Strictly speaking, a review is the "act or process of developing and communicating an opinion about the quality of another appraiser's work that was performed as part of an appraisal, appraisal review, or appraisal consulting assignment"*

As such, it does not necessarily involve a second opinion of value (which is in itself an appraisal), but can, depending on the clients needs. 

There are a variety of reasons that you may wish to consider a review. These include:

  • Related to a value dispute when there is more than one opinion of value
  • When looking at a previously completed appraisal for quality control purposes
  • For compliance with appraisal standards
  • For a second opinion of value in conjunction with a completed appraisal report (this is an appraisal as well as a review)
  • Anytime the client has a question on whether the appraisal was credibly presented
  • As part of a divorce proceeding
  • Looking to see if the appraisal simply makes sense and supports itself

I can tailor my review to your needs. If you want a review without an opinion of value, that can be done. If you want to have a second opinion of value, that can be done as well. Just reach out to me to discuss what your needs are and I can provide a competent and compliant review service.

Rachel has the Appraisal Institute Residential Review Specialist (AI-RRS) designation which is conferred on experienced review appraisers after demonstrating experience and knowledge of this field within appraisal practice. 

* USPAP 2012-2013 Edition, page U-1

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