The Risk of Biased Appraisals and How to Mitigate that Risk

Appraisers have the unique ability to direct the market, though they do not typically combine their powers to do so.  The fact is, in many ways the market really does rest in the hands of appraisers.  The appraiser can render a property depressed, change the market in an entire city by his or her appraisal on a single comparable property, or change an insurance premium on a whim.  This is why it is terribly important to use a reliable, professional appraiser in all circumstances.