What do real estate appraisal companies mainly do?

A real estate appraisal institution refers to an intermediary service institution established according to law, qualified as a real estate appraisal institution and engaged in real estate appraisal activities.

The organizational form is funded by natural persons and established by real estate appraisers.

The qualification grades of real estate appraisal institutions are divided into one, two and three levels. The State Council construction administrative department is responsible for the qualification license of first-class real estate appraisal institutions. The construction administrative departments of the people's governments of provinces and autonomous regions and the real estate administrative departments of the people's governments of municipalities directly under the Central Government are responsible for the qualification licensing of second-and third-class real estate appraisal institutions, and accept the guidance and supervision of the construction administrative departments of the State Council. Real estate appraisal institutions shall be funded by natural persons and established in the form of limited liability companies or partnerships.

Extended data:

Real estate appraisal should follow the following principles:

1, principle of legality

Following the principle of legality, the appraisal should be based on the legal use and legal disposal of the appraisal object.

2, the highest and best use principle

Following the principle of highest and best use, the appraisal should be based on the highest and best use of the appraised object.

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