Using Discrimination As a Bully Tactic
As an appraiser who has been appraising in rural south for 20 years I have seen a few things. This wave of discrimination has gotten out of control. Sure, there has been some discrimination going on which is not the norm, but to accuse someone of discrimination because the value came in lower than an expected value is pure asinine. It is not our job to validate lenders and borrowers expected values.
I have had very few borrowers get mad, that I am aware of, because my opinion of value was lower than their expected values. I can remember three that were fuming, and one complained to the board which was dismissed.
Even when you have done a good job and confident in your work, it is not a good feeling when the board contact you with a complaint. The waiting and sometimes long process can be nerve wrecking.
Being in business has good and bad points. You have to manage your risks as much as possible. If I do not feel good about a homeowner, lender, AMCs or any order, I turn the order down. This can happen during my phone interview or during my inspection. I have had to do this for what I perceived to be a risk that I was not willing to take on.
There have been many times there were homeowners that were hostile toward me because they were unaware that I was black, until I showed up for the inspection. I would address any of their concerns as to my qualifications and some were ok with it and some were not. I would always finish the inspection and never be rude to them. I did not care if they were prejudice or whatever issue they had. If I did not feel good about the situation, I called the client and told them at this time it is not to my best interest, and declined the order.
My wife asked me why I did this? I told her some money and business is not worth it.
For my fellow white appraisers, maybe some discrimination complaints are justified but the overall majority of these complaints are bull crap. Some people misguided mentality want to hang on to the past and will use discrimination as a bully tactic because they can. This appears to be the norm today.
I stand with you all who are falsely accused of discrimination regardless of your color. Everyone should stand up for their rights or your rights will be abused or taken away. I am sorry anyone has to go thru these false accusations.