Valligent Appraiser Training Program
Diversity Through Training, Technology and Analytics
Now is the Time For Change
A recent Urban Institute study notes the real estate appraisal profession is one of the nation’s least diverse. Many have linked this lack of diversity to reports of undervaluation and appraisal bias in minority communities.
According to the Bureau of Labor Statistics, more than 90% of all property appraisers are white and over 50 years old. As a result of the lack of diversity, many believe appraiser bias has led to lower valuations for homeowners of color, limiting their ability to access their equity to build generational wealth.
“Most of the time we get appraisers from outside of the neighborhoods that they are appraising in. Appraising in an area that they're sometimes scared to be in”
From ABC7.com
"In Philadelphia, homes in primarily Black neighborhoods are undervalued by an average of nearly $26,000, according to Redfin. Anecdotally, gaps like these have led Black homeowners to “whitewash” their homes — remove family photos and other identifying objects — before a real estate appraisal in an effort to not lose out."
From Whyy.org
Build a More Diverse Workforce
for the Future
Case Study
A Simple Solution to Train Hundreds of New Appraisers
Train New Appraisers
Valligent’s initial goal is to train 100 new appraisers in the next 12 months.
Provide Tools & Expertise
Valligent will provide the technology, analytics and expertise to appraisers to help significantly reduce subjectivity in property valuation.
Provide Support
We take a personal approach to helping our appraiser trainees. We are constantly improving our technology and training program to help trainees get the most out of their experience with us.