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Definition Of:

anchoring

Bible DictionarySean Woo's Real Estate Dictionary
also as anchoring heuristic, means that the decision maker makes a judgement by starting from an initial value(anchor) and then adjusts to make the final decision
Note: Anchoring doesn't just happen with numbers; it also happens with first impressions and reputations.
eg: First impressions on Sean always act as anchors for future behavior and attitudes toward him; what you hear of Sean from others can also influence and anchor the way you behave to him when you meet him.

 

Real Estate INDEX:

List of Terms: Terms beginning with "A", Page 1

A B C D E F G H I J K L M N O P Q R S T U V W Z
1 2 3 4 5 6

A: Page 1 of 6.

ABSTRACT
ACCELERATION CLAUSE
ACCRETION
ACKNOWLEDGEMENT
ACRE
ADDENDUM
ADJUSTABLE RATE MOR...ADJUSTMENT INTERVAL
ADMINISTRATOR
ADVERSE POSSESSION
AGENCY
AGREEMENT

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