Step One: Engage the client, homeowner or agent as rudely as possible. Image by cookie_studio on Freepik Step Two: Make negative remarks (boldly or under your breath) about the client's, homeowner's, agent's, or anyone's gender, race, class, (insert whatever protected class here). Image by gpointstudio on Freepik Step Three: Race through your inspection as QUICKLY … Continue reading How To Write a Negatively Biased Appraisal In 10 Easy Steps
Category: Appraisal Thoughts
Racial Bias In Real Estate Appraisal: Does It Matter if You’re Black or White?
Disclaimer: I know this is a very controversial subject. And the last place to wrestle with complex controversial things is online. Nevertheless, I wanted to share my thoughts about this subject with you, in hopes that you'll read it honestly. Even if in the end you disagree, I hope you'll read with an open mind … Continue reading Racial Bias In Real Estate Appraisal: Does It Matter if You’re Black or White?
How I Choose A Comparable
Comparables or "comps" as we say in the biz, are typically described as recent sales in a subject's market area that are similar to the subject that is being appraised. Fannie Mae puts it this way, Comparable sales should have similar physical and legal characteristics when compared to the subject property. These characteristics include, but … Continue reading How I Choose A Comparable
Foul Ball!
What would happen if there were no referees in [insert any competitive sport]? How would the game be different? What would happen if one team saw something afoul but the other disagreed? What if one team was taking cheap shots and ignoring the rules, yet there were no flags on the play or appropriate penalties … Continue reading Foul Ball!