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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.
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 Cleveland Museum of Art (CMA) is an art museum in Cleveland, Ohio, United States. Located in the Wade Park District of University Circle , the museum is internationally renowned for its substantial holdings of Asian and Egyptian art and houses a diverse permanent collection of more than 61,000 works of art from around the world. [ 4 ]
The trustees thought that the merger would put CCAD on better financial ground, but Canzani thought it would ruin the school. Canzani rallied faculty members and students to protest the board's actions. The board abandoned its plans to merge. Canzani requested for CCAD to become independent of the CMA and by 1982, the separation was complete.
Move over, Wordle and Connections—there's a new NYT word game in town! The New York Times' recent game, "Strands," is becoming more and more popular as another daily activity fans can find on ...
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 ...
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