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  2. Appraisal Institute - Wikipedia

    en.wikipedia.org/wiki/Appraisal_Institute

    The Appraisal Institute (AI), headquartered in Chicago, Illinois, is an international association of professional real estate appraisers. [1] It was founded in January 1991 when the American Institute of Real Estate Appraisers (AIREA) and the Society of Residential Appraisers merged. The AIREA and the Society were respectively founded in 1932 ...

  3. List of professional designations in the United States

    en.wikipedia.org/wiki/List_of_professional...

    Senior Residential Appraiser [62] SRA: Appraisal Institute: Accredited Member [63] AM: American Society of Appraisers: Accredited Senior Appraiser [63] ASA: American Society of Appraisers: Real Property Administrator [64] RPA: Building Owners and Managers Association International Facilities Management Administrator [64] FMA

  4. 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 ...

  5. Graduate real estate education in the United States - Wikipedia

    en.wikipedia.org/wiki/Graduate_real_estate...

    As with many MBA programs, undergraduate real estate education is commonly offered as a concentration, or focused area of study. Very few universities with varying academic reputation offer a bachelor's degree with a concentration in real estate (typically two courses during the senior year).

  6. The Appraisal Foundation - Wikipedia

    en.wikipedia.org/wiki/The_Appraisal_Foundation

    The Appraisal Foundation (TAF) is the United States organization responsible for setting standards for the real estate valuation profession. The organization sets the congressionally authorized standards and qualifications for real estate appraisers, and provides voluntary guidance on recognized valuation methods and techniques for all valuation professionals.

  7. 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.

  8. Sales comparison approach - Wikipedia

    en.wikipedia.org/wiki/Sales_comparison_approach

    The sales comparison approach (SCA) is a real estate appraisal valuation method that relies on the assumption that a matrix of attributes or significant features of a property drive its value. For examples, in the case of a single family residence, such attributes might be floor area, views, location, number of bathrooms, lot size, age of the ...

  9. Real estate appraisal - Wikipedia

    en.wikipedia.org/wiki/Real_estate_appraisal

    The Real Estate Counseling Group of America is a small group of top U.S. appraisers and real estate analysts who have collectively authored a disproportionately large body of appraisal methodology and, the National Association of Real Estate Appraisers (NAREA), founded in 1966, with the goal to elevate the professionalism and success of the ...

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