In a review, how should a reviewer approach the math calculations of an appraiser they have reviewed previously?

The approach of scrutinizing every math calculation is crucial in the review process because accuracy is fundamental in appraisals. Even appraisers who have a strong track record can make errors, whether due to oversight, typographical mistakes, or miscommunication of data. By thoroughly examining each calculation, the reviewer ensures that each component of the appraisal aligns correctly with the overall analysis and results.

In complex appraisal scenarios where multiple calculations interact, even a small error can lead to significant discrepancies in valuation. Ensuring that each number is verified helps maintain the integrity of the appraisal process and supports the credibility of the reviewer's work.

This rigorous approach enhances reliability, provides confidence to clients and stakeholders, and maintains a high standard within the industry. The focus on detail in math calculations allows the reviewer to catch mistakes that could otherwise impact conclusions drawn from the appraisal.