Don’t Just Get a Second, Get a Third-Party Opinion!

A third-party FMV (Fair Market Value) opinion is important for several reasons:

1. Impartiality: A third-party FMV opinion is provided by a neutral party who has no financial interest in the transaction. This impartiality ensures that the valuation is fair and unbiased.

2. Credibility: A third-party FMV opinion provides credibility to the valuation. The opinion is typically provided by an independent appraiser or valuation expert who has the necessary knowledge and experience to provide an accurate and reliable valuation.

3. Risk management: A third-party FMV opinion can help mitigate the risk of legal or regulatory issues that may arise from an inaccurate valuation. The opinion provides evidence that the valuation was based on a reasonable and defensible methodology and can help protect against legal challenges.

4. Negotiation: A third-party FMV opinion can be helpful in negotiation, as it provides an independent assessment of the value of the asset or business being valued. This can help parties come to a fair and reasonable agreement on the price.

A third-party FMV opinion provides an objective and independent assessment of the value of an asset or business, which can be invaluable in a wide range of situations, from mergers and acquisitions to financial reporting and taxation.