When reconciling, the best sales are always the ones that require the fewest or smallest adjustments.

• A. True
• B. False
• C. Not necessarily
• D. Sometimes true

Answer: (B)

Not necessarily. In reconciling, the goal is to reflect how the market would value the subject, not to minimize the size of adjustments. A comp can require larger adjustments for a major difference (such as location, view, or overall desirability) yet still be the best evidence if that adjustment is well-supported by solid market data and the comp is highly comparable in other respects. Conversely, a sale that needs only small adjustments may be less credible if the data behind those adjustments is weak or the sale is not truly representative of current market conditions. So the most credible value often comes from the comp(s) with the strongest market support and relevance, even if they involve larger adjustments.