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News reports about Avena Horton conveniently neglect to mention that she works for an AVM (automated valuation modeling) company that sells products that replac
by cpursley 5y ago
News reports about Avena Horton conveniently neglect to mention that she works for an AVM (automated valuation modeling) company that sells products that replace human appraisers.
> Abena Horton’s employer Black Knight Inc. Who is her employer? Black Knight, Inc., formerly known as Black Knight Financial Services, is an American corporation that provides integrated technology, services, data, and analytics to the mortgage and real estate industries. Black Knight is one of the leaders in AVMs (Automated Valuation Models), which uses algorithms, much like Zillow and others, to estimate a home’s value based on public record data
https://appraisersblogs.com/why-is-only-one-side-of-the-racism-claim-appraisal-story-being-reported https://appraisersblogs.com/why-is-only-one-side-of-the-raci...
- klyrs 5y agoAre you saying she had financial incentive to be discriminated against? Or do you think she might have been more savvy to notice that something was amiss about her appraisal, because she works in the industry; perhaps more persistent than most in chasing it down, because she's an attorney? Really not seeing what's convenient about getting a second appraisal after scrubbing one's identity from the house. Have you found any news articles about this incident promoting Black Knight as a superior alternative?
- cpursley 5y agoI'm saying that AVM software companies have an incentive to make human appraisers look bad and pointing out that this lady happens to work for one. Does that not raise any flags?