Appraisal Institute Accused of Covering Up Sexual Harassment and Test Flaws

[Functional Obs]

He's gone, finally. The latest communication doesn't exactly say they removed him, just that he's gone. Poof.

 

[Non Sequitur]

He's gone, finally. The latest communication doesn't exactly say they removed him, just that he's gone. Poof.

Yep. We'll never know the details, but I wouldn't be surprised to find out a going away package was offered.

 

[shrubberyvaluation]

Yep. We'll never know the details, but I wouldn't be surprised to find out a going away package was offered.

Oh I'm sure, they are just upset he got caught. That dude was rancid towards appraisers when I saw him speak. Claiming an appraiser was being racist in a report, then in the next sentence claiming he never saw the report he was calling the appraiser racist for.

 

[shrubberyvaluation]

Yep. We'll never know the details, but I wouldn't be surprised to find out a going away package was offered.

Oh I'm sure, they are just upset he got caught. That dude was rancid towards appraisers when I saw him speak. Claiming an appraiser was being racist in a report, then in the next sentence claiming he never saw the report he was calling the appraiser racist for.

 

[Mejappz]

Now we need to see if the REVAA room members were kicked out.

 

[chad hampton]

Still can’t believe they have such a thing as a Revaa room at the same time a working independent fee appraiser wouldn’t get the time of day in AI.

Imagine sitting in a room for four hours with all those Reva folks. What a **** show. . I’ve sat in the same room with different ones several times over the years, needed to scrub myself with bleach afterwards.

 

[shrubberyvaluation]

Now we need to see if the REVAA room members were kicked out.

I think you know that answer...

 

[Non Sequitur]

Three-hour debate? What the heck were they debating? Remove all board members, some are good but they will have to suffer the consequences of their months of inaction and the firing of Dr. Chance.

https://www.nytimes.com/2025/05/21/realestate/craig-steinley-real-estate-sexual-harassment.html?fbclid=IwY2xjawKbdQBleHRuA2FlbQIxMABicmlkETFwWVNWbDJ5anVtMkFCZFJqAR6xrw-SeAXT0zgLAWFqBptoEdxFzKm3H6gF1yYI4yd5GwH-bt611uCO1qASWA_aem_kgUcsdFLJaDOgiCmphJLHQ

"At an emergency meeting on Wednesday, the national board of the Appraisal Institute voted to oust Mr. Steinley, 64. The 28-member board came to its decision after more than three hours of debate.

Mr. Steinley, in a statement sent by his lawyer, called the decision to remove him “a deliberate act of retaliation driven by internal politics,” and promised to “vigorously defend myself” over what he described as “baseless claims.”"

“The allegations in that suit are false,” Mr. Steinley said in his statement on Wednesday. He added that an independent investigation into Ms. Chance’s claims was “well underway,” which he said presented “clear evidence” that her claims were “unsubstantiated.”

“Despite these findings, the Institute has chosen to move forward with a course of action that appears more concerned with reputation management and internal power consolidation than with truth or fairness,” he added.

"Some leaders of the group on Wednesday cautioned members not to celebrate too much, and stressed that Mr. Steinley’s behavior had not occurred in a vacuum. Ryan Hlubb, a commercial appraiser in Pennsylvania who has served on the national board, said deep-seated issues remain in the organization.

“While Craig Steinley’s removal may appear justified to some given the recent public challenges, this represents a troubling moment for our membership community,” he said. “The organization is poised to fall backward, driven by a controlling class of ‘good old boys’ determined to unravel any semblance of progress.”"

 

[Mejappz]

Here’s a tip for the New York Times, considering they’ve shown interest in my phrase "the good ol’ boys." TAF, REVAA, the GSEs, FHA, AMCs, AARRO, the ASC, bankers, and state boards are the key entities to investigate. If you want to uncover fraud and corruption on an epic scale—and perhaps even win a Nobel Prize—just focus on these organizations.

 

[shrubberyvaluation]

Mr. Steinley, in a statement sent by his lawyer, called the decision to remove him “a deliberate act of retaliation driven by internal politics,” and promised to “vigorously defend myself” over what he described as “baseless claims.”"

Mr Steinley made baseless claims against an appraiser considering them racist for a report he claims he never even saw, so good riddance.