Can a reviewer change the value conclusion of an appraisal report?

The conclusion that a reviewer cannot change the value conclusion of an appraisal report aligns with the principles set forth by the Uniform Standards of Professional Appraisal Practice (USPAP). USPAP emphasizes the importance of an appraiser's independence in providing an unbiased opinion of value. The role of a reviewer is to assess the quality and adherence to professional standards of the appraisal report, not to alter the appraiser's conclusions.

Changing the value conclusion would undermine the integrity of the appraisal process, as it could introduce bias or subjective influences that the original appraiser did not intend. This situation would compromise the objectivity and reliability of the appraisal, which is foundational in ensuring fair and consistent valuation, especially in commercial transactions where large sums and significant financial decisions are at stake. Therefore, maintaining the original appraiser's conclusions is critical for upholding the ethical standards of the profession.