Buyers:
If you’re in the middle of a deal and the valuation doesn’t support the price, don’t ask, “How do we get the valuation up?” Ask, “What part of this deal is the market refusing to pay for?” Don’t force the valuation to match your price. Make the price match reality.

Lenders:
If you’re underwriting a deal with a valuation gap, the key question isn’t “Can we close?” It’s “What risk are we being asked to carry forward?” Don’t underwrite momentum. Underwrite economics.