A Code of Ethics in real estate is a set of guidelines designed to establish fair practice behavior between agents, clients, and other parties in the real estate transaction process.
IDRC (Industrial Development Research Council) was an organization focused on industrial real estate development and research, which has now merged with CoreNet Global.
A licensing examination is a written test administered to prospective real estate brokers or salespersons to determine their ability to represent the public in real estate transactions effectively.
The National Apartment Association (NAA) is a trusted organization that advocates for the rental housing industry, providing services, education, and standards for industry professionals.
The Open Standards Consortium for Real Estate (OSCRE) is a not-for-profit, membership-funded, neutral consortium that facilitates collaboration on standardized data exchange in the real estate industry.
A real estate board, also known as a Board of Realtors®, is an organization established for professionals within the real estate industry to provide support, education, and networking opportunities.
The Scope of Work is a detailed explanation of the work program undertaken to conduct an appraisal assignment, outlining the research and methods used. It is required by the Uniform Standards of Professional Appraisal Practice (USPAP).
