National Appraisal Institute Meeting for 2021
The Appraisal Institute 2021 Annual Conference was held in Orlando, Florida from August 7 – 11 at the JW Marriott Grande Lakes. A.I. President Rodman Schley, MAI SRA opened the meeting and noted that the residential appraisal community is under fire, in particular from the Brookings Institute. The Brookings Institute believes that appraisals, along with lending practices, zoning, and real estate agent behavior, often have racial bias, which contributes to low value for homes owned by Black Americans. One “solution”…