NAR Window to the Law: Ensuring Impartial Appraisals

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Real Estate Technology with AgencyLogic

Real estate transactions rely on an objective appraisal to determine a home’s market value, but evidence suggests there’s potential for racial bias in the appraisal process.

In this brief video, from The National Association of REALTORs YouTube channel, we learn more about the Property Appraisal and Valuation Equity action plan to eliminate racial and ethnic bias in home valuations, and find tips to ensure an impartial appraisal.

 

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Comments (1)

Emily Medvec
eXp Realty LLC - Santa Fe, NM
Broker | Realtor | Serving Santa Fe & Northern NM

Thank you for this informative post and link. Appraisers are subject to Fair Housing and this short clip is a good reminder. 

Apr 11, 2023 05:59 AM