
Quality Assurance in Appraisal
Quality Assurance in appraisal refers to systematic procedures used to ensure property valuations are accurate, consistent, and credible. It involves reviewing appraisal reports, verifying data, and checking that the appraisal process follows industry standards and guidelines. The goal is to maintain high standards, minimize errors, and ensure that clients and stakeholders can trust the appraisal results. Essentially, it's like a quality check or oversight that helps uphold integrity and professionalism in property valuation.