When conducting a review, what aspect should be emphasized in the report regarding the methodology used by the original appraiser?

The emphasis on clarity and comprehensiveness of the analysis in the review report is fundamental because these qualities directly impact the ability of the reviewer and other stakeholders to understand the original appraisal's methodology and findings. A clear and comprehensive methodology allows the reviewer to assess whether the appraiser applied the correct techniques and whether they were suitably detailed to support the conclusions drawn in the appraisal.

When assessing an appraisal, clarity ensures that all steps of the analysis are transparent, allowing for easier verification and validation of the methods used. Comprehensiveness ensures that all relevant factors were considered and documented, which is crucial for establishing the credibility of the appraisal.

While adherence to state licensing requirements is important and might pertain to the qualifications of the appraiser, it does not directly address the effectiveness and reliability of the appraisal methodology itself. Similarly, comparison with industry averages and standards is valuable, but it becomes secondary if the original analysis is not articulated clearly and comprehensively. Potential biases are also critical to consider, but identifying those biases requires a clear understanding of the methodology first. Therefore, emphasizing clarity and comprehensiveness effectively encapsulates the essence of what makes an appraisal review robust and reliable.