Rule of thumb; Everyone wants in on the action, all the time. I don’t care what they told you or how they presented themselves, if they’re pushing real estate transactions, they want a piece of the pie.

The existing institutions only need unbiased valuation services when they have to operate under fair market principals. Unfortunately the ability to print their way out of debt on the taxpayers back has resulted in an imbalanced system where first receivers of money may benefit more. The government is supposed to protect liberties. The government is supposed to prosecute those whom hinder the citizens ability to protect their own individual liberties. Plainly speaking, the government should not be involved in lending, insurance, or health care. Poisonous Protectionism is the precise term for this ailment often referred to as taxation without representation. Government programs are inevitably always taxpayer based. The notion of valuation opinion reliability and sound valuation practice to properly measure risk vs reward rests upon the investor taking actual risk. Back to the Too Big To Fail mantra. The beat skips on. You don’t own it, until the title is in your personal vault. With lending we’re dealing with contract law. If you sign it, you own that contract. Personal discretion has nothing to do with that, there are multitudes of well documented and established rules regarding favored party behavior. Vote with your wallet. Vote with your feet. For reduced representation costs, be careful what you wish for. It’s not a simple or safe field to navigate, real property sales.

http://www.ronpaullibertyreport.com/archives/great-news-protectionist-president-peels-back-protectionism

https://singlefamily.fanniemae.com/originating-underwriting/appraisers
Watch the career opportunities in residential property appraising video. “The national urban league is working with fannie and other industry partners to attract new entrants to the residential appraisal field.”
https://nul.org/sites/default/files/2019-10/NUL_1Sheet_HCD_RestoreOurHomes_012819_final.pdf
https://nul.org/housing

Clearly, those programs were more likely to have helped people because the borrowers had gained a strong advocate through the NUL. Negotiating with lenders to offer special terms and relief for borrowers. Counseling and financial education services for home buyers and home owners appears to be something the general public is in greater need of and provides meaningful long term solutions towards safer navigation through the lending world. This would be beneficial nationwide, from rural to urban.

The appraiser has no say regarding lenders lending decisions, neither do realtors. Appraisers and realtors do not cause or effect the larger social economic conditions. The economic and social conditions in any given area can be present regardless if people use representation and value services or not. Appraisers merely measure existing value and agents merely facilitate sales. Buyers make their own decisions, with their own resources.

If the goal is to correct the affordability issues they’ll have to fix the money itself. We also have no say in the federal reserves monetary expansion policies which continues to cause rampant inflation as they devalue the currency and drive up pricing faster than the average citizen can keep up with, hindering both affordability and supply.

There were a lot of things not addressed in the commentary. I listened to the entire summit and there are some serious concerns over what was presented by Andre Perry. All of ihis data referenced Zillow, nothing more. There are plenty of non minority neighborhoods with lower values, but I doubt none of that was even researched. It certainly was not discussed. What is even more disturbing is none of the other presenters even mentioned Zillow or non minority neighborhoods with lower values. It has become obvious Mr. Perry is just stirring the pot with more racial discord lacking factual evidence to support his conclusions.

Take those homes they are concerned about, and are listed for sale.

Boost the list price by a ending zero or two,
and get back to appraisers on how many offers they received to purchase those properties.

That way appraisers will know if a “typical buyer” will pay more in a “neighborhood” for similar homes.

Too many opinions and not enough proof.

If the properties are undervalued, list and sell them for more money, it really is that easy to get the other neighborhood valuations higher, and it’s only NAR that can adjust those list prices up to get those higher sale prices.

Oh but that’s right,

the “value” needs to be “bracketed” for the “appraisal” to be accepted,

So NAR

make sure you sell those higher priced homes for cash, to push up the neighborhood numbers.

Pity that “bracketing” thing wasn’t addressed.

.