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  2. The best online home value estimator tools

    www.aol.com/finance/8-home-value-estimator...

    Redfin It says it bases its estimates on hundreds of data points, including information about the home itself, the neighborhood, the overall real estate market and more.

  3. Home valuations on Zillow, Redfin, Chase are all over the map ...

    www.aol.com/finance/home-valuations-zillow...

    But when it went on the market, the home listed for $950,000 — a whopping 42% above Zillow’s ballpark estimate. This was due largely to the renovated home interior and waterfront location.

  4. The truth about no-appraisal home equity loans: What ... - AOL

    www.aol.com/finance/what-is-a-no-appraisal-home...

    AVMs analyze local sales data, property records and market trends to estimate the value of your home — similar to online value estimators like Zillow and Redfin, but with more detailed data.

  5. Real estate appraisal - Wikipedia

    en.wikipedia.org/wiki/Real_estate_appraisal

    This is unfortunate for one of the two parties. It is the obligation of a real property appraiser to estimate the true market value of a property and not its market price. Frequently, properties are assessed at a value below their market values; this is known as fractional assessment. [5]

  6. Automated valuation model - Wikipedia

    en.wikipedia.org/wiki/Automated_valuation_model

    An AVM is a residential valuation report that can be obtained in a matter of milliseconds. It is a technology-driven report. The product of an automated valuation technology comes from the analysis of public record data and computer decision logic combined to provide a calculated estimate of a probable value of a residential property.

  7. Broker's price opinion - Wikipedia

    en.wikipedia.org/wiki/Broker's_price_opinion

    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.

  8. What is a broker price opinion (BPO)? - AOL

    www.aol.com/finance/broker-price-opinion-bpo...

    An appraisal can run anywhere from $300 to 800 or more, and a BPO costs half that — and sometimes even less, roughly $50 or so, according to Andrews. How to get a broker price opinion

  9. BPO standards and guidelines - Wikipedia

    en.wikipedia.org/wiki/BPO_Standards_and_Guidelines

    These standards and guidelines were created in 2008 by a group of competitors in the real estate industry to bring a commonly accepted set of standards and guidelines. [2] A broker's price opinion is a procedure that develops a two or three-page report containing the estimated value of the property after a real estate agent or broker, following the broker's price opinion standards and ...

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