The National Association Of Certified Valuation Analysts published an article on the importance of appraiser independence by Managing Director John DelGrego, in its QuickRead newsletter.
The National Association Of Certified Valuation Analysts - QuickRead Newsletter
By John DelGrego, Managing Director, Valuation & Litigation Support Services
Excerpt:
…[A]ppraisers must perform assignments with impartiality, objectivity, and independence, and without consideration of personal interests or the interests of those who hired them. Should such bias be found, the appraisal could be considered worthless and the expert’s reputation damaged, with even worse ramifications for the client.