In the situation a VA appraiser thinks the appraised value of a property may come in below the contracted sales price, the lender is notified by a designated point of contact.  The lender than notifies the buyer's agent that he/she has two business days to provide recent sold comparables to justify the sales price. 

The Tidewater Initiative allows any interested party in a real estate transaction to provide sold comparables (via a point of contact) to the appraiser.  Therefore, the listing agent or anyone else involved may provide market information for sold comps as well.  The VA appraiser does not complete the appraisal until the additional information is received.

The initiative was implemented to reduce the number of appeals to re-evaluate property values assigned by VA appraisers.

As a buyer's agent, why would I go out of my way to find sold comps to support a sales price that the appraiser thinks is too high for the property? 

Isn't the goal of the buyer's agent to seek the lowest price possible for the buyer?  If the appraisal comes in lower than the agreed upon sales price, the buyer is not going to have any interest in paying more for the home than it is worth in this market. 

Conversely, the buyer may want the home badly and request the agent provide the information in order to make the deal work.  Buyer's agents need find out how their buyers want to proceed and not make any assumptions. 

I'm not sure if the buyer's lender passes the information received to anyone other than the buyer's agent.  I don't think lender would since they are also working for the buyer.  If that is the case, should the buyer's agent disclose the information to the listing agent in order to give the agent the opportunity to provide sold comps on behalf of the seller? 

I can see how this type of situation can become very complicated!  As a buyer, I would want to get the lowest price possible for the home.  As a buyer's agent, I would use caution and remember who I am working for because I wouldn't want to violate my brokerage duties to the buyer.