Sales Comparison Approach is Racist

ā€œā€¦the modern appraisal industry perpetuates racial inequality through its continued use of the ā€œsales comparison approachā€ā€¦ the sales comparison approach persists as the dominant method of assessing home valueā€¦ the sales comparison approach ā€” the most used method for contemporary residential appraisals ā€” perpetuates inequities through maintaining historical hierarchies and current racialized definitions of comparabilityā€¦ā€ Appraisers, hereā€™s a YouTube video that you MUST view. This personā€™s, Dr. Elizabeth Korver-Glenn, PhD, work is one of the key reasons why there is so much chatter about racist appraisers in the US. Her discussion of her book ā€˜Race Brokersā€˜ begins at the 8:30...

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