Posts Tagged ‘Appraisal’
What is a Broker's Price Opinion?
What is a Broker’s Price Opinion? Simply stated it is the opinion of a licensed real estate agent of the most likely sales price (value) of real property. The National Association of Realtors states a Broker’s Price Opinion (BPO) should contain 7 things in writing. They are as follows: 1. The identity of a subject…
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