Real Estate Glossary

The following are some common real estate terms you may run across during the process of buying or selling your home.

American Institute Of Real Estate Apprai

American Institute Of Real Estate Appraisers (AIREA) Formerly a member organization of the National Association of REALTORS (NAR). AIREA severed its affiliation with NAR in 1990 and merged with the Society of Real Estate Appraisers to form The Appraisal Institute. The Appraisal Institute officially began operation on January 1, 1991.

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