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  2. Cost approach - Wikipedia

    en.wikipedia.org/wiki/Cost_approach

    Cost approach is a real estate appraisal valuation method used to price an individual property. [1] It is one of three methods, the others being market approach, or sales comparison approach , and income approach .

  3. Broker's price opinion - Wikipedia

    en.wikipedia.org/wiki/Broker's_price_opinion

    A broker's price opinion (BPO) is a report that is performed by a licensed real estate agent, broker. or appraiser. A BPO is an informal appraisal. It is similar to doing a CMA (Comparative Market Analysis) but most times the real estate professional gets paid to do a BPO. A BPO can be either an exterior drive-by or a full interior report.

  4. Real estate appraisal - Wikipedia

    en.wikipedia.org/wiki/Real_estate_appraisal

    One of the most recognized professional organizations of real estate appraisers in America is the Appraisal Institute (AI). It was formed from the merger of the American Institute of Real Estate Appraisers and the Society of Real Estate Appraisers. Founded along with others in the 1930s, the two organizations merged in the 1990s to form the AI.

  5. Uniform Residential Appraisal Report - Wikipedia

    en.wikipedia.org/wiki/Uniform_Residential...

    A Uniform Residential Appraisal Report or URAR is one of the most common forms used in United States real estate appraisals.It was created to allow for standard reporting and analysis of single-family dwellings or single-family dwellings with an "accessory unit".

  6. Uniform Standards of Professional Appraisal Practice

    en.wikipedia.org/wiki/Uniform_Standards_of...

    Uniform Standards of Professional Appraisal Practice (USPAP) can be considered the quality control standards applicable for real property, personal property, intangible assets, and business valuation appraisal analysis and reports in the United States and its territories. USPAP, as it is commonly known, was first developed in the 1980s by a ...

  7. List of AICPA Audit and Accounting Guides - Wikipedia

    en.wikipedia.org/wiki/List_of_AICPA_Audit_and...

    Accounting for profit recognition on sales of real estate full-text: 46-01: 1987: Guide for the use of real estate appraisal information full-text: 46-02: 1990: Guide for the use of real estate appraisal information, as of December 31, 1990 full-text: 47-01: 1991: Guide for the use of real estate appraisal information full-text: 47-02: 1997

  8. Comparables - Wikipedia

    en.wikipedia.org/wiki/Comparables

    Comparables (or comps) is a real estate appraisal term referring to properties with characteristics that are similar to a subject property whose value is being sought. This can be accomplished either by a real estate agent who attempts to establish the value of a potential client's home or property through market analysis or, by a licensed or certified appraiser or surveyor using more defined ...

  9. Market value - Wikipedia

    en.wikipedia.org/wiki/Market_value

    When a real estate appraiser works with a business valuation appraiser (and perhaps an equipment and machinery appraiser) [8] to provide a value of the combination of a business and the real estate used for that business, the specific market value is called "going concern value". It recognizes that the combined market value may be different ...

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