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One of the most difficult aspects of the real estate market is estimating the value of a home. With local market conditions changing all the time, it can be hard to accurately price a property. 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.
In Germany, real estate appraisal is known as real estate valuation (Immobilienbewertung). Real estate appraisers (Immobilienbewerter or Gutachter) can qualify to become a Öffentlich bestellter und vereidigter Sachverständiger (officially appointed and sworn expert). However, this formerly very important title has lost a lot of its importance ...
Lindsay Reishman Real Estate Washington, D.C.–based broker [26] [27] April 2016 Shane Aspen Real Estate Aspen-based broker [28] January 2017 Bushari Real Estate Boston-based brokerage [29] April 2018 Conlon Chicago-based brokerage [30] [31] April 2018 Northwest Group Real Estate Seattle-based brokerage [32] [33] June 2018 The Hudson Company
Property size. Generally, a larger property will cost more to appraise. Needed repairs. Expect to pay more for a home with extensive damage, because it requires extra effort on the appraiser’s part.
An in-person home appraisal used to be a standard requirement for financing, allowing for an unbiased licensed appraiser to assess the true value of your property — the collateral for your home ...
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