What is a key characteristic of an appraisal consulting assignment?

A key characteristic of an appraisal consulting assignment is its independence from the values concluded by other appraisers. This independence is crucial because it allows the consultant to analyze and interpret data without being influenced by existing appraisals or opinions of value. In appraisal consulting, the focus is on providing insights, evaluations, and recommendations based on the consultant's expertise and market knowledge rather than on reconciling or comparing with other appraisers' findings.

This independence ensures that the consulting process is objective and that the consultant can offer a fresh perspective or alternative analysis that could be beneficial to the client. In such assignments, the consultant’s role may involve a variety of tasks, such as market analysis, feasibility studies, and other forms of advisory services that are not necessarily contingent upon confirming or disputing another appraiser's conclusions.