Which of the following is a common outcome of a quality appraisal review?

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A quality appraisal review serves to ensure the accuracy and reliability of the appraisal process. One of the most significant outcomes of such a review is the identification of errors and necessary adjustments to the appraisal report. By meticulously examining the data, methodology, and conclusions drawn by the original appraiser, the review process can uncover discrepancies or inaccuracies that may have been overlooked. This scrutiny helps maintain the integrity of the appraisal and ensures that the value assigned to the property is justified and supported by sound evidence.

The other outcomes mentioned, such as increased property values or the appointment of new appraisers, may occur in the long run due to a series of quality reviews but are not direct results of the review process itself. Approval for automated valuation models is also not a common outcome of a quality appraisal review; rather, it pertains to the acceptance of a specific valuation methodology. Thus, the primary focus of a quality appraisal review is to enhance the accuracy and credibility of valuation through error identification and necessary adjustments.

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