second-gear valuation
Appearance
English
[edit]Etymology
[edit]From the notion that the agent not only is doing a drive-by evaluation but also is not even necessarily doing it slowly: second gear rather than first gear (low gear).
Noun
[edit]second-gear valuation (plural second-gear valuations)
- (UK, informal) The assignment of a property to a tax band by an estate agent who evaluates the property while driving past it.