ZZGAMAZZ
Elite Member
- Joined
- Jul 23, 2007
- Professional Status
- Certified Residential Appraiser
- State
- California
A recent similar thread included a peer perspective that to accept a comp(s) provided in a ROV is cool, but to revise one's original Opinion of Value admits to an error that exposes the appraiser to a possible state sanction by admitting a mistake/oversight. Peer comments?Unit B is a Model Match from the same complex, also Listed for Sale and was pending as of the effective date of the report. Sale B was utilized as a Listing comparable.
Newly settled sale is 11% below my AV and 19% below the subject PP. I feel it is significant.
11-19% is significant. I think I would seriously consider lowering my OMV based on that.
They're asking you to reconsider, how can you ignore that? How do you say your OMV is unchanged?