Appraisal Review
We Provide Appraisal Review and Litigation Support Services
Appraisal 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. The subject of the review may be all or part of an appraisal report or a review report.” -USPAP Standard Rule 3. Essentially, it is a measure of an appraisal reports credibility, not an evaluation of the appraiser, the appraiser’s work.In order to review another’s appraiser’s work, “The reviewer must have the knowledge and experience needed to identify and perform the scope of work necessary to produce credible assignment results. Aspects of competency for an appraisal review, depending on the review assignment’s scope of work, may include, without limitation, familiarity with the specific type of property or asset, market, geographic area, analytic method, and applicable laws, regulations and guidelines.” -USPAP Standard Rule 3-1(a)Litigation Support Services include advising Attorneys in the details of personal property appraising, providing depositions in the review of appraisals and expert witness testimony in Court on appraisals.