Six federal agencies approved a new rule to regulate advanced algorithms and artificial intelligence tools used by an increasing number of appraisers when estimating home values. The rule aims to promote accuracy and prevent unintended bias in automated valuation models. Read on »October...
If a bad appraisal is standing between you and your home purchase or sale, consider getting a second opinion by bringing in another appraiser. Appraisers can make mistakes or have imperfect information, andappraisals can be affected by bias. ...
Not reporting complete and accurate information is nothing more than irresponsible journalism! The local television station WWBT, NBC 12 in the Richmond market is airing a story on Thursday February 22 during the 6 pm News Broadcast, about racial bias in real estate appraisals. We know this is...