Broker Price Opinion ; The Definition of... »
Posted By lockm230 11 months, 1 week ago in NewsBroker Price Opinion - is 2 things first the formal definition: A real estate agent's estimate of the value for which property can reasonably be sold rapidly. The real estate broker's broker price opinion is often much cheaper than a professional appraisal, but often just as good, or even more useful because it tells the owner at what price the property can successfully be sold in a timely manner. A Broker Price Opinion uses the Comparative Market Approachto value! Now the second thing a broker price opinion is: It's the new way real estate agents are making money in this horrible market! You can read more at http://brokerpriceopinion.wordpress.com
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