WebBroker Price Opinion means a broker price opinion obtained by Lender. Offer Price or Purchase (Public Offer) Price means the sum to be paid by the investor for purchase of one Unit, such price to be determined pursuant to this document. WebJul 11, 2024 · Broker price opinions. Broker price opinions (BPOs) are considered to be a real estate brokerage activity. Sales associates may not collect any money in …
What Is A Broker Price Opinion (BPO)? Bankrate
WebApr 22, 2024 · The Broker Price Opinion. When a real estate broker offers an opinion regarding a property's value based on its qualitative characteristics, that estimate is referred to as a broker price opinion. The BPO represents the broker's opinion, rather than an official appraised value of a property. Consequently, no inference should be made as to a ... Webbroker's price opinion noun variants or less commonly Broker's Price Opinion : a report prepared by a real estate broker of the value of a property based on a usually exterior viewing of the property and comparison of it to similar properties on the market checks printed off computer
Broker
Webbroker's price opinion. (c) Licensees shall have the authority to prepare and provide broker price opinions pursuant to this section, notwithstanding the provisions of § 17-14-101 et seq., § 17-14-201 et seq., and § 17-14-301 et seq. (d) A broker's price opinion or market analysis issued by a real estate licensee shall not contain the WebApr 5, 2024 · Does AIR apply to non-appraisal valuation methods (i.e., automated valuation models [AVMs], broker price opinions [BPOs], tax assessments, etc.)? ... What is the definition of a “correspondent” lender? A “correspondent” is a third-party entity that may originate and underwrite the mortgage. The correspondent closes the mortgage in its ... WebA broker price opinion (BPOz0, is a real estate professional’s opinion of a property’s value. It's mainly used in setting a listing price. Skip to Main Content flat roof felt roofing