Appraisal Independence & Bias

[ZZGAMAZZ]

I'm just wondering, way off-the-cuff;

If an appraiser routinely faces the potential for being accused of being biased, or discriminating against a borrower, shouldn't the appraiser be given demographic info about the borrower--age, gender, ethnicity, etc.--so the appraiser can determine in advance whether he or she wishes to accept an assignment? [Could be termed the "Bakke Algorithim to Assignment Acceptance."]

Like at present I am genreating and uploading a dated, preliminary version of partially-completed reports before meeting a borrower to be able to demonstrate that the Opinion of Value was partially determined prior to inspecting a property or meeting with a borrower in person--because unless an unusual factor becomes apparent during an inspection, the final Opinion should be apparent without the inspection being conducted, with a [+/-] margin of error, thanks in my scenario to Spark that allows a report to be 80% completed with minimal effort.

Posted here with tongue-in-cheek.....

 

[Zee_in_AZ]

Your point makes a lot of sense actually, but I'm sure it would be unfair to certain groups, thus presenting an advantage to the everprivilaged white man.

 

[George Hatch]

I try not to have an opinion about a property until I have an opinion.

 

[sputnam]

I'm just wondering, way off-the-cuff;

If an appraiser routinely faces the potential for being accused of being biased, or discriminating against a borrower, shouldn't the appraiser be given demographic info about the borrower--age, gender, ethnicity, etc.--so the appraiser can determine in advance whether he or she wishes to accept an assignment? [Could be termed the "Bakke Algorithim to Assignment Acceptance."]

Like at present I am genreating and uploading a dated, preliminary version of partially-completed reports before meeting a borrower to be able to demonstrate that the Opinion of Value was partially determined prior to inspecting a property or meeting with a borrower in person--because unless an unusual factor becomes apparent during an inspection, the final Opinion should be apparent without the inspection being conducted, with a [+/-] margin of error, thanks in my scenario to Spark that allows a report to be 80% completed with minimal effort.

Posted here with tongue-in-cheek.....

I try not to have an opinion about a property until I have an opinion.

I'm with George on this. I really don't care who the borrower or owner or agents or builder or loan officer is. My job, as appraiser, is to tell the story of the subject property. The borrower, owner, agents, and/or builder isn't an Intended User.

 

[djd09]

number hitting is still a thing...but who knew