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On Aug. 17, rules surrounding real estate commissions are set to change thanks to a legal settlement between the National Assn. of Realtors and home sellers. Proponents hope the new rules will ...
Online real estate platform Ownerly offers a home value estimator, but you must set up an account — and pay for a subscription. However, you can sign up for a seven-day trial membership for $1 ...
values of similar properties in the surrounding area [2] the amount of cleaning, repair, and preparation needed to make the property marketable [2] [11] BPO and comparative market analysis (CMA) can be provided by real estate brokers to establish a general idea of what your home could be listed for in the current real estate market.
Key takeaways. A broker price opinion, or BPO, is an estimate of a property’s value conducted by a real estate broker, agent or qualified realty firm.
Some experts have said that money was baked into homes’ listing prices, inflating the price of homes for sale. ... By some estimates, real estate commissions could fall between 25% to 50% ...
Hire a discount agent: A low-commission real estate agent will likely charge much less than a traditional agent would — usually 1 to 1.5 percent of your home’s sale price. (However, you might ...