Remove Inspection Remove Modernization Remove Reconsideration of Value Remove Training
article thumbnail

Opinion: The path to modernizing the appraisal process

Housing Wire

The movement to embrace appraisal modernization techniques also holds the promise of removing the potential for racial bias, better supporting efforts to remove valuation gaps that persist in minority neighborhoods. of the properties in Black neighborhoods receive appraisal values lower than the contract price versus 7.4%

article thumbnail

NAN’s Steve Sussman on the company’s growth strategy

Housing Wire

When you look back during the pandemic, the appraiser community, they were the ones who risked their health, who risked their families’ health, going into strangers’ homes to do inspections. SW: We hear a lot these days about appraisal modernization. What does appraisal modernization mean to you?