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Valuers in bank loans work for the banks. Therefore, when banks are more willing to lend money, they likely value higher. A valuer who consistently values below the contract price, leading to loans to fall through, might not get as much work from a bank who wants to lend. When markets were hot...

When taking out a loan, the valuer works for the bank. Sometimes the buyer doesn't see the amount of the val, just a bank approval. The valuer isn't providing the val for the buyer at all. You want you own valuation, pay for it yourself.