A bias in appraisal can lead to:

A bias in appraisal can lead to distorted valuation outcomes. Bias may result from the appraiser's personal beliefs, preferences, or external pressures that influence their judgment. Such biases can skew the results of the appraisal process, leading to valuations that do not accurately reflect the true market value of the property. This can have significant implications for buyers, sellers, and the overall market, as decisions made on the basis of these distorted valuations may lead to overpricing or underpricing properties. Ensuring objectivity and fairness is crucial in the appraisal process to avoid these negative consequences.

The other options suggest outcomes that do not align with the implications of bias. For instance, an accurate valuation and impartial assessment are compromised by bias, and better decision-making cannot occur if the underlying valuation is flawed due to distortion. Therefore, recognizing the risk of bias is essential to uphold the integrity and reliability of the appraisal process.