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A broker price opinion (BPO) is a real estate professional’s dollar estimate of a property’s worth. It is an opinion, but one often backed up by the selling prices of comparable homes in ...
A broker's price opinion (BPO) is a report that is performed by a licensed real estate agent, broker. or appraiser. A BPO is an informal appraisal. It is similar to doing a CMA (Comparative Market Analysis) but most times the real estate professional gets paid to do a BPO. A BPO can be either an exterior drive-by or a full interior report.
The sales comparison approach (SCA) is a real estate appraisal valuation method that relies on the assumption that a matrix of attributes or significant features of a property drive its value. For examples, in the case of a single family residence, such attributes might be floor area, views, location, number of bathrooms, lot size, age of the ...
Here’s why and what it means for US real estate When it comes to property ownership, single women in the U.S. have a major edge — owning 2.72 million more homes than single men according to ...
A real estate transaction is the process whereby rights in a unit of property (or designated real estate) are transferred between two or more parties, e.g., in the case of conveyance, one party being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the complexity of the property rights being transferred ...
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Tack strip being removed from a floor. Tack strip also known as gripper rod, carpet gripper, Smoothedge tackless strip, gripper strip or gripper edge is a thin piece of wood, between 1 and 2 metres (3.3 and 6.6 ft) long and about 3 centimetres (1.2 in) wide, studded with hundreds of sharp nails or tacks used in the installation of carpet.
A 2022 Zillow study found that women have access to 18 percent less of the real estate market than men because of the wage gap: In other words, they could buy nearly one-fifth more of the ...