What is GIS?
Geographic information systems: a tool for mapping and analyzing location-specific data (demographics, trade areas, drive times, competing properties, flood zones), turning tract-level data into a visual picture of the market.
Where you will use it: this term comes up in the Real Estate Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Real Estate Finance course by Devon Coombs, CPA, MBA.