What is the implication of a reviewer rejecting the value conclusion due to inconsistencies?

When a reviewer rejects the value conclusion because of inconsistencies, it indicates that the reviewer has identified issues or discrepancies in the original appraisal's analysis or data. This assessment process involves the reviewer conducting their own analysis, which may lead to the formulation of an independent value opinion. By recognizing such inconsistencies, the reviewer is demonstrating their professional judgment and responsibility to ensure that the value conclusion is robust and reliable. As a result, the reviewer takes evaluative steps to ensure that the appraisal aligns with established standards and provides a credible basis for decision-making.

Developing an independent value opinion in this context is critical because it ensures that the appraisal effectively serves its intended purpose, maintaining integrity in the valuation process. This independent perspective allows for a more thorough evaluation of the property in question and helps assure stakeholders that the value conclusion is well-supported and credible.