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The word "Average" in the improvements section - possible bias?
- Thread starter Andee
- Start date
Carnivore
Elite Member
- Joined
- Jan 15, 2002
- Professional Status
- Certified Residential Appraiser
- State
- North Carolina
We all know this; There are 6 C defined ratings and 6 Q defined Ratings
None of those definitions use these words like Poor; 'Average : Good. : Superior those terms a re subjective.
OTOH those paragraphs do have subjective words . i.e Q2 High Quality Basic Quality or Lowest Quality blah blah
So is this a problem with the wokies/Bias Police? NO! The GSE's created this construct for the Appraisers and Client/Intended Users aka Appraisers and the Lending community.
So me personally, I don't have an issue with the C & Q Ratings.
I bet Professor Bert has an Issue with them? Most Likely , but that is his personal problem.
None of those definitions use these words like Poor; 'Average : Good. : Superior those terms a re subjective.
OTOH those paragraphs do have subjective words . i.e Q2 High Quality Basic Quality or Lowest Quality blah blah
So is this a problem with the wokies/Bias Police? NO! The GSE's created this construct for the Appraisers and Client/Intended Users aka Appraisers and the Lending community.
So me personally, I don't have an issue with the C & Q Ratings.
I bet Professor Bert has an Issue with them? Most Likely , but that is his personal problem.
Mike Ault
Elite Member
- Joined
- Sep 23, 2004
- Professional Status
- Certified Residential Appraiser
- State
- Texas
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Surf Cat
Senior Member
- Joined
- Apr 21, 2003
- Professional Status
- Certified Residential Appraiser
- State
- California
Man..... it would be so cool to use "Dangerous" and "Beyond repair" in an appraisal....
Mike Ault
Elite Member
- Joined
- Sep 23, 2004
- Professional Status
- Certified Residential Appraiser
- State
- Texas
Along with "Deathtrap" & "Scraper". As long as you have your "custom definition page" explaining exactly what those descriptors meant in "non-subjective terms", your golden…
djd09
Elite Member
- Joined
- May 20, 2009
- Professional Status
- Licensed Appraiser
- State
- Ohio
they would just whine, complain, and boo hoo about the word 'beyond'....
Carnivore
Elite Member
- Joined
- Jan 15, 2002
- Professional Status
- Certified Residential Appraiser
- State
- North Carolina
Here are AVM Standards. LOL The problem is the AVM data bases are tainted with white appraiser and PDR Collector racist data.
Mike Ault
Elite Member
- Joined
- Sep 23, 2004
- Professional Status
- Certified Residential Appraiser
- State
- Texas
"Fairness & Equity" in the title. And no definitions thereof anywhere in the document, so we have no idea what they mean by those terms. If we are to be compared with & judged by AVMs, then we need to know how we can ensure "Fairness and Equity" with our work products as well. I know somebody on here has got a congressman in their pocket, and we need some answers. "Charles", are you listening?
Last edited:
J Grant
Elite Member
- Joined
- Dec 9, 2003
- Professional Status
- Certified Residential Appraiser
- State
- Florida
The document (interesting and informative) does not address fairness and equity after the title. AVMs s in fact, are based on appraisals ( sales comparison, income, cost approach ) The main difference is the AVM is statistically generated and may or may not involve a human analyst or appraiser. They use the term "very good" and talk about the importance of geo location and its influcne on value.