{"id":18292,"date":"2021-07-07T06:57:21","date_gmt":"2021-07-07T13:57:21","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=18292"},"modified":"2021-07-07T06:57:21","modified_gmt":"2021-07-07T13:57:21","slug":"overnight-news-too-few-black-appraisers-theres-an-avm-for-that","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18292\/overnight-news-too-few-black-appraisers-theres-an-avm-for-that\/","title":{"rendered":"Overnight News: Too few black appraisers? There\u2019s an AVM for\u00a0that!"},"content":{"rendered":"

\"Ya

\u201cSeriously, if the job is leaping at things, find yourself another dog. Slow and steady sniffs out the\u00a0prize.\u201d<\/p><\/div>At the middle of the bell curve, appraisers are nerdy introverts who, for whatever reason, didn’t get college-tracked in high school.<\/p>\n

Low-status nerdy introverts get picked on in school, and low-status nerdy introverts going to majority-minority (a masterpiece of modern ambiguity!) schools get persecuted. They get short-circuited out of high school before they even get the chance to get short-circuited out of college.<\/p>\n

The appraiser licensing process is onerous, eliminating all aspirants who are not well prepared in intellectual capital and well supplied with spendable cash for what amounts to an apprenticeship to a poorly-paying tradesman’s job: Low dough, low status, high risk of conflict and litigation.<\/p>\n

Now take the few black candidates who might have qualified for that gauntlet and destroy their prospects with high schools from hell.<\/p>\n

I expect it makes no actual difference in housing evaluations, but that’s why there are so few black appraisers: Few black nerds make it out of high school whole \u2013 and those who do have much better prospects than grinding away pricing houses.<\/p>\n

That argues that appraiser-licensing standards will be lowered to admit marginal candidates, which in turn argues that flesh-and-blood appraisers will be replaced by Automated Valuation Models \u2013 only as biased as the software and stone reliable \u2013 and then there will be no more appraisers.<\/p>\n

But even then, majority-minority high schools will still be hell for everyone condemned to them.<\/p>\n

In other news:<\/em><\/strong><\/p>\n

CNBC:<\/strong> Mortgage applications sink to their lowest level since before the pandemic hit.<\/a><\/p>\n

Paul Bedard:<\/strong> Biden is gun salesman-in-chief, threats driving surge in purchases.<\/a><\/p>\n

Matt Margolis:<\/strong> Wikipedia Co-Founder: Site Has Become ‘Thought Police’ That Shackles Conservative Viewpoints.<\/a><\/p>\n

Jack Posobiec:<\/strong> America\u2019s Ruling Class And China\u2019s Ruling Class Are More Similar Than You Think.<\/a><\/p>\n

Julie Kelly:<\/strong> 20 Questions for Nancy Pelosi About January 6.<\/a><\/p>\n

The Epoch Times:<\/strong> Preschool and Kindergarten Enrollment Drops 13 Percent Nationally.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u201cSeriously, if the job is leaping at things, find yourself another dog. Slow and steady sniffs out the\u00a0prize.\u201dAt the middle of the bell curve, appraisers are nerdy introverts who, for whatever reason, didn’t get college-tracked in high school. Low-status nerdy introverts get picked on in school, and low-status nerdy introverts going to majority-minority (a masterpiece […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[29,26,6,5],"tags":[],"class_list":{"0":"post-18292","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-group-therapy","7":"category-lending","8":"category-marketing","9":"category-real-estate","11":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":921,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/921\/are-appraisers-being-pimped-as-involuntary-seeing-eye-dogs-for-the-congenitally-blind-avms\/","url_meta":{"origin":18292,"position":0},"title":"Are appraisers being pimped as involuntary seeing-eye-dogs for the congenitally blind AVMs . . . ?","author":"Greg Swann","date":"January 21, 2007","format":false,"excerpt":"From this morning's Boston Herald:Appraisers have resented AVMs for years, in part because the computer estimates have cut into appraisal companies\u2019 business. But the industry also challenges AVMs\u2019 accuracy - especially in today\u2019s market, where prices in some locales are falling rapidly. And now, some firms claim a key industry\u2026","rel":"","context":"In "Disintermediation"","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2752,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2752\/appraisers-the-latest-target-in-the-circular-firing-squad\/","url_meta":{"origin":18292,"position":1},"title":"Appraisers – The Latest Target In The Circular Firing Squad","author":"Doug Quance","date":"March 12, 2008","format":false,"excerpt":"The Blame Game - Go Find A Scapegoat And Pin The Tail On Their Donkey Pundits pontificate about the reasons that the real estate market is in a shamble, and the latest target in their crosshairs is appraisers. \"Those crooked appraisers jacked up the values of the properties!\" they scream.\u2026","rel":"","context":"In "Investment"","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8458,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/8458\/the-139250-appraisal-fee-or-how-the-home-valuation-code-of-conduct-rewards-inefficiency-at-the-expense-of-the-consumer\/","url_meta":{"origin":18292,"position":2},"title":"The $1392.50 Appraisal Fee or How the Home Valuation Code of Conduct Rewards Inefficiency At the Expense of the Consumer","author":"Brian Brady","date":"May 15, 2009","format":false,"excerpt":"Have you heard of the Home Valuation Code of Conduct?\u00a0 New York Attorney General Cuomo forced Fannie Mae and Freddie Mac to adopt the measure, in what can only be described as a Machiavellian scheme.\u00a0 Essentially, mortgage brokers are forbidden from direct contact with residential appraisers; all appraisals for agency\u2026","rel":"","context":"In "Lending"","block_context":{"text":"Lending","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/lending\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1320,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1320\/idle-chatter-of-idle-neighbors-to-be-outlawed-in-arizona-appraisers-job-protection-act-passes-arizona-state-senate\/","url_meta":{"origin":18292,"position":3},"title":"Idle chatter of idle neighbors to be outlawed in Arizona: Appraiser’s job protection act passes Arizona State Senate","author":"Greg Swann","date":"April 18, 2007","format":false,"excerpt":"Little Pink Houses dug up the smoking gun: The State of Arizona is trying to make it illegal for anyone without a state-issued license to express opinions of value about real property. Oh, there is an exception: You will be able to express an opinion about the value of your\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2404,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2404\/preliminary-nar-gateway-report-released\/","url_meta":{"origin":18292,"position":4},"title":"Preliminary NAR Gateway Report released","author":"Jim Duncan","date":"December 21, 2007","format":false,"excerpt":"The Gateway facilitates multi-lingual access to real property information.2.Information available to participants and subscribers is: comprehensive timely relevant accurate objective secure formatted so it can be annotated, supplemented or corrected by other participants or subscribers whose contributions will be acknowledged and electronically \u201cfingerprinted\u201d \u201cofficial\u201d information (i.e., data available from recognized\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":80,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/80\/the-peaks-and-valleys-of-my-first-year-as-a-full-time-realtor\/","url_meta":{"origin":18292,"position":5},"title":"The peaks and valleys of my first year as a full-time Realtor…","author":"Cathleen Collins","date":"July 11, 2006","format":false,"excerpt":"Want to know when the real estate market will get back to normal? I have a crystal ball. Well, a really good spreadsheet analysis, anyway... I've been a real estate licensee for three years, but I've been a full-time Realtor for only a little over a year. This means that\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/18292","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=18292"}],"version-history":[{"count":1,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/18292\/revisions"}],"predecessor-version":[{"id":18293,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/18292\/revisions\/18293"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=18292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=18292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=18292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}