What does a review appraiser do?

A Review Appraiser is a professional who evaluates and verifies the accuracy and quality of appraisal reports prepared by other appraisers. Their primary responsibility is to ensure that appraisal reports comply with industry standards, regulations, and client requirements. They check for completeness, logical reasoning, appropriate data usage, and adherence to appraisal methodologies. Review Appraisers often work for banks, mortgage companies, or government agencies to help manage risk and maintain quality in property valuation.