Valuation Bias: The Invisible Fence of Racial Discrimination
Appraisers are trained to use factual data and apply a methodical process when deriving assignment results. While we might not think about racial bias when valuing properties, it is invisibly embedded within our real estate environment. This is true even when an appraiser believes that all people should be treated equally in real estate transactions. This course is intended to help you see how bias concepts developed over time and why it’s important for appraisers to recognize them.