If you’re a property owner looking to buy a home, you might want to take a look at Dallas Real Property School’s (DRPS) property appraisal process.
The school’s appraisals are used by property owners to determine the value of properties, whether to purchase them, or to sell them.
The DRPS is an independent, nonprofit organization, but it does receive funding from some private foundations.
The organization receives a significant amount of revenue from the sale of real estate on its property appraisal website, which has generated over $4 million dollars for the organization over the past 10 years.
What’s in an appraisal?
There are four types of appraisal: The value of the home, which is the number of bedrooms, bathrooms, and/or storage units.