is a piece of land, including the air above it and the
ground below it, and any buildings or structures on it.
also called realty.
- A real estate agent, broker, or associate that holds an
active membership in a local real estate board that is
affiliated with the National Association of Realtors.
|Society of Real Estate Appraisers
- The purposes of the Society of Real Estate Appraisers
are to elevate the standards in real estate appraising and
analysis, to aid in the solution of the many problems of
the profession in appraising and analyzing real estate,
and to designate certain members as having attained
certain skills and knowledge. The members are pledged to
maintain a high level of trust and integrity in their
practice. It is the responsibility of the members to keep
up to date with techniques, tools and market practices; to
know and exploit data sources, and to be aware of
environmental influences in which client decisions must be
Real Estate Broker
- An individual who often owns a real estate company or is
in a management position, and who is licensed to represent
a buyer or a seller in a real estate transaction.