Tokyo Association of Real Estate Appraisers.


Real Estate Appraiser (LREA)


Real estate appraisers are highly qualified professionals,
who not only determine the value of real estates but also advise how we can best use it.
They work for your best interest.

We can enrich our lives by effectively using our real estates. Real estates are associated deeply with our everyday lives. By improving the quality of land usage, we can improve the quality of our lives. There is a growing demand for the proficiency of LREAs.

REAL ESTATE APPRAISAL ACT was passed to ensure that the pricing of land etc、would be fair and adequate. It requires appraisal to be done by LREAs, worthy of the trust credited by the society. To fulfill this responsibility, it requires the appraiser to be qualified in a high standard national examination, and to be licensed as LREAs or LREA candidates. This act also requires appraisal firms to register its office, and engage an exclusive LREA for its services.

We need professional experts who have sophisticated knowledge, proven judgmental skills, and also, accurate perception of the surrounding environment in which the real estate is located. Only then, the fair value of real estates can be determined and fair transactions realized.

LREAs are active in many fields or work concerning real estates. They work on demand by many people, ranging from local and national governments, firms and companies, to individuals. They apply their appraisal skills to publish land prices, research fair prices for land price surveys, estimate purchase price of lands for public use, evaluate land benchmarks for inheritance tax, evaluate representative lands designated for property tax, evaluate lands for judicial contests, evaluate real estates as assets when merging companies, and give counsel to customers when asked for their professional advice.