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2. Real estate appraisal - Wikipedia

   en.wikipedia.org/wiki/Real_estate_appraisal

   In Germany, real estate appraisal is known as real estate valuation (Immobilienbewertung). Real estate appraisers (Immobilienbewerter or Gutachter) can qualify to become a Öffentlich bestellter und vereidigter Sachverständiger (officially appointed and sworn expert). However, this formerly very important title has lost a lot of its importance ...

3. Highest and best use - Wikipedia

   en.wikipedia.org/wiki/Highest_and_best_use

   One example of this might be a parkland valuation, where the appraiser has been instructed to ignore all other possible uses. Further, the highest and best use of a property can be a class of uses (such as retail or multi family), rather than a specific use (i.e. development of a fast food restaurant).

4. 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 ...

5. 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.

6. Home appraisal vs. home inspection: What’s the difference?

   www.aol.com/finance/home-appraisal-vs-home...

   An appraisal is a process used to determine the ... for example, the buyer might ... This can be impacted by its condition but also hinges on factors like the local real estate market and ...

7. Extraordinary assumptions and hypothetical conditions

   en.wikipedia.org/wiki/Extraordinary_assumptions...

   The distinction between extraordinary assumptions and hypothetical conditions can be a matter of law or professional standards in the field of real estate appraisal in the United States where the distinction is not only codified in USPAP, but enforced by various state real estate appraiser commissions or professional boards. However, the ...

8. 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".

9. 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 ...