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An appraiser has strong sales data but the client emphasises the cost approach. How should weight be assigned?

Correct Answer

A) According to the evidence, not the client's preference

Why this is correct: The appraiser's reconciliation must reflect independent professional judgment based on the quality and relevance of the data for the specific assignment. Client preference does not override this judgment. Why the other choices are wrong: "According to the client's stated requirements" would compromise objectivity. "Equally, to avoid disappointing either position" is arbitrary if data strength differs. "To the cost approach, since the client is paying" improperly subordinates judgment to client influence. Exam tip: Weighting is based on evidential support, not client preference.

Answer Options
A
According to the evidence, not the client's preference
B
According to the client's stated requirements
C
Equally, to avoid disappointing either position
D
To the cost approach, since the client is paying

Why This Is the Correct Answer

Why this is correct: The appraiser's reconciliation must reflect independent professional judgment based on the quality and relevance of the data for the specific assignment. Client preference does not override this judgment. Why the other choices are wrong: "According to the client's stated requirements" would compromise objectivity. "Equally, to avoid disappointing either position" is arbitrary if data strength differs. "To the cost approach, since the client is paying" improperly subordinates judgment to client influence. Exam tip: Weighting is based on evidential support, not client preference.

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