Valligent Appraiser Training Program

Diversity Through Training, Technology and Analytics

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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.

In addition, the number of active appraisers across the country has been in a steady decline over the past 20 years with more leaving than entering the profession. A recent report in the Research and Markets report noted the US Real Estate Appraisal market is expected to grow by over 2 billion dollars over the next 5 years.

“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”

"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."

Build a More Diverse Workforce
for the Future

Case Study

New American Funding Leverages Valligent’s Appraiser Training Program to Build a More Diverse Workforce for the Future

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.

In The News

Read how a black couple was negatively impacted by an inaccurate appraisal valuation

Black couple settles lawsuit after value of their California house allegedly soared when white friend feigned ownership

Paul Austin and Tenisha Tate-Austin said their Marin City residence was valued at $995,000 before a white friend pretended to be owner and received a $1.48 million estimate.
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