​Request for Reconsideration of Value (ROV)

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A Structured and Compliant Review Process

 

Ascend Appraisal Solutions Group takes all Requests for Reconsideration of Value seriously. This process allows clients to submit relevant market data for an appraiser to review while maintaining strict compliance with appraisal independence requirements.

 

A Reconsideration of Value is not a request to change the appraised value, but rather an opportunity to present additional information that may be relevant to the appraiser’s analysis.

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When is a Reconsideration Appropriate?

 

A request may be appropriate when:

 

• Relevant comparable sales were not considered

• There are factual errors in the report

• Additional market data is available that may impact the analysis

 

Common Issues That Do Not Support a Reconsideration

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To ensure compliance and effectiveness, please avoid submitting:

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• Comparable sales already included in the report

• Active or pending listings

• Sales significantly dissimilar in size, location, or condition

• Requests based solely on price per square foot 

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Submission Guidelines

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To properly process your request:

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• Submit up to 3 comparable sales

• Comparable sales must be prior to the effective date of the appraisal

• Sales should be similar in size, location, and condition

• Provide clear and concise supporting commentary

• Complete the required ROV form

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Important Process Notes

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• Ascend facilitates the request but does not influence the appraiser

• The appraiser maintains full independence in their analysis

• Only one reconsideration request is permitted per assignment

• Review timelines are typically 1–5 business days

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Our Commitment

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Ascend Appraisal Solutions Group will:

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• Acknowledge receipt of your request

• Conduct a thorough and compliant review

• Communicate clearly throughout the process

• Ensure all submissions meet quality and regulatory standards

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Submit a Reconsideration Request

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If you believe a reconsideration is appropriate and have supporting data that meets the guidelines above, you may proceed with submitting a request.

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To ensure an efficient and compliant review, please complete the required Request for Reconsideration form and include all supporting documentation.

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You understand the process, now take the next step.

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