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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 ...
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 ...
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 ...
A multiple listing service (MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.
AREIT started out with three office buildings under its portfolio namely the Solaris One, Ayala North Exchange, and the McKinley Exchange all of which are in Makati. [9] [10] In January 2021, AREIT disclosed its acquisition policy saying a prospect property has to be "stable, with high occupancy, long term contracted leases with escalation" and that it is averse in investing on properties ...
Real estate benchmarking is the standard of measurement used to analyze the financial characteristics of a real estate investment property. In the general sense, real estate benchmarking refers to the comparison of potential real estate investment properties against a predetermined framework of measurement. In a narrow sense, the term real ...
Collections by the Real Estate and License Divisions were confined to revenue accruing to the City of Manila. In line with the Filipinization policy of then US President William McKinley, Filipino Collectors were appointed. The first three BIR Collectors were: Wenceslao Trinidad (1918–1922); Juan Posadas Jr. (1922–1934) and Alfredo Yatao ...