Skip to main content

Search from vocabulary

Content language

Concept information

Preferred term

appraisal industry  

Definition

  • The term appraisal industry refers to the business and regulatory culture that has developed around the need for independent judgments of real estate value and the fulfillment of this need by real estate professionals. Some valuation professionals specialize in valuing single-family residences, and others specialize in income-producing property. [Source: The Encyclopedia of Housing; Appraisal Industry]

Broader concept

Belongs to group

URI

https://concepts.sagepub.com/social-science/concept/appraisal_industry

Download this concept: