Going back to the allegations of appraiser misconduct, I think we could get an idea of the extent of the problem if we examined a sample of the appraisal reports themselves which didn't hit the contract price, breaking them down into 2 groups:
(lets say) 50 appraisals that came in below the contract value in impacted areas or involving protected classes of buyers or sellers
being compared to
50 Appraisals (from the same metro) that came in below the contract value in non-impacted areas AND involving non-protected classes of buyers or sellers
Limit the comparos to appraisals involving sale prices below the regional median so we don't get any examples of appraisers acting differently by price tranches (higher priced properties get rubber stamped more often than lower priced properties).
Then we can examine each of those appraisals to see
- if there are any objective errors of fact being asserted about the subject or the properties presented as comparables,
- if there are any objective indications that the dominant attributes of the subject and the comparables are being mischaracterized
- If the sales being presented as comparables really are among the most recent, similar and proximate as is being asserted in the appraisal
- if there are any inconsistencies from one comparable to another in how any adjustments are being applied
Whatever the error rates are (which I assume will not be zero) for each group can then be compared against each other. That will show WHAT those appraisers as a group are doing and the extent to which they're doing it differently by location or individuals involved.
After we figure out WHAT those appraisers are doing THEN we can start to make otherwise unsupported assumptions about WHY they're doing it. What their motivations and triggers are. We still won't have completely identified the extent of the actual problem but we'll be a lot closer to doing so that the militants who are working backwards off the outcomes and automatically attributing everything to illegal conduct by appraisers.
I don't know your logic.Fernando, Apparently you have not heard the News. The State of New York Election Rules are more Strict than Georgias New election rules.
Thats a Fact, NY does not allow Food and Drink in the Line. The Other one is Georgia Time period to Vote is Longer than the Communist State of NY.
So if Georgia is a Racist State. Then NY must be a Super Racist State.
AMC makes loans to all homes in America. Fox advertise their viewers as part of Fox Nation. Tribalism at its best.AMCs don't make loans. AMC don't service ALL homes in America. I don't make loans at all. I don't care about the Fox nation (which exists only in your mind). I appraise homes, not people. Who lives there, who is buying, who is selling doesn't matter because I am appraising an object not a human being. You probably need this class solely because you can't look at your own pastor without seeing color or think that there is actually a thing as a Fox nation which only exists in your biased mind.
There are some good parts of the Georgia's law but also bad parts. I don't understand why they can't get rid of the "racist" part if Georgia really wanted to do election reform.What are you talking about. They added more precincts. No excuse absentee ballots. Added early voting day. Extended voting hours. You need to quit parroting talking points
I will not say the name of the company, and I have been working as a vendor for 10 years. They have a performance report that has a specific category for behavior which I have ranked at the top for those 10 years. There was no incident that would require this, just something they are doing company wide.
Today I logged on their site to upload an appraisal and a splash screen came up telling me that all their staff has taken this course and they want all their vendors that are representatives of their company to take it. They started out sort of sort and then said it was a requirement.
I will go on record as saying in this area of Florida I have appraised over the last 28 years property for all sorts of people regardless of their sex, sexual orientation or race and never once said anything to anyone that would be deemed anything but professional. I am a Conservative , Christian, and I believe in what I believe in, however when I appraise a property, it is the property I am appraising and not the person's sex, sexual orientation. race or religious affiliation.
I have been in this business 28 years and I have made a good living without being "woke".
I guess I am asking everyone's opinion and allowing myself to vent. What does this have to do with appraising?
OK, we are making some progress. There is some hope now that you are recognizing State Rights. If I conducted a Deep Dive Analysis of Each States Election Process it probably would reveal the need for a lot of improvement in all states.There are some good parts of the Georgia's law but also bad parts. I don't understand why they can't get rid of the "racist" part if Georgia really wanted to do election reform.