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The real estate professional will consider comparable homes, the home’s age, the size of the property, zoning requirement and the property’s condition to determine the BPO.
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.
“Real estate comps are imperative to fully understand the state of today’s real estate market,” says John Ameralis, a broker with the Ameralis Group in New York City. “They include active ...
Comparables (or comps) is a real estate appraisal term referring to properties with characteristics that are similar to a subject property whose value is being sought. This can be accomplished either by a real estate agent who attempts to establish the value of a potential client's home or property through market analysis or, by a licensed or certified appraiser or surveyor using more defined ...
The limited-stop service is estimated to be 20 percent faster than conventional service, using dedicated bus lanes during rush hours, and utilizing transit signal priority. The buses have USB charging ports; the stops have real-time information screens and some feature local art. [32] [33] The service began operation on January 1, 2018. [34]
The transactional net margin method (TNMM) in transfer pricing compares the net profit margin of a taxpayer arising from a non-arm's length transaction with the net profit margins realized by arm's length parties from similar transactions; and examines the net profit margin relative to an appropriate base such as costs, sales or assets.
An auditor says Columbus is $45.1 million behind on collecting business license taxes. The finance director says it’s only $2.5 million.
In his opinion, the LSI-Adjusted Laffey Matrix is a better reflection of the District of Columbia market for complex federal litigation for the following reasons: 1. it is based on more recent observations (1989 data compared to 1982 data), which is more likely to produce a better forecast of actual rates; 2. the LSI is specific to legal ...