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**How Can I Identify Appraisal Bias During a Real Estate Transaction?** Appraisals play a pivotal role in real estate transactions, serving as the foundation for determining a property’s market value. However, the appraisal process is not immune to bias, whether intentional or unintentional. Appraisal bias can lead to unfair valuations, potentially affecting buyers, sellers, and […]

**Introduction: How the Real Estate Industry Tackles Appraisal Bias** Appraisals play a critical role in the real estate industry, serving as the foundation for property valuations that influence everything from mortgage approvals to property taxes. However, the process is not immune to bias, which can have significant financial and social repercussions. Appraisal bias—whether caused by

**Can Appraisal Bias Influence the Real Estate Market Performance?** The real estate market is a cornerstone of economic stability and individual wealth-building, yet its performance can be swayed by a range of factors, including the often-overlooked issue of appraisal bias. Appraisal bias—whether intentional or unconscious—occurs when property valuations are influenced by factors unrelated to the