Real estate appraisers; ed. requirements for licensure, fair housing and appraisal bias course.
Virginia requires real estate appraisers to complete fair housing and bias training for licensure to address documented valuation disparities.
Virginia requires real estate appraisers to complete fair housing and bias training for licensure to address documented valuation disparities.
HB 170 requires real estate appraisers in Virginia to complete educational coursework on fair housing law and appraisal bias as a condition of licensure. The bill has already passed the House with strong support (81-18) and is now in the Senate's Committee on General Laws and Technology for consideration.
Appraisals directly determine property values and mortgage eligibility, making them critical gatekeepers in real estate transactions. Research has documented racial and socioeconomic disparities in appraisals, where identical properties receive different valuations based on neighborhood demographics. Requiring bias training aims to reduce discriminatory appraisal practices that can perpetuate wealth gaps and limit homeownership opportunities for marginalized communities.
Compiled from official sources — confirm details with the bill’s official record.
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