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  2. 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.

  3. 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]

  4. Comparables - Wikipedia

    en.wikipedia.org/wiki/Comparables

    A real estate appraisal is like any other statistical sampling process. The comparables are the samples drawn and measured, and the outcome is an estimate of valuecalled an "opinion of value" in the terminology of real estate appraisal. In most statistical sampling processes, a single best estimator is sought. However, since real estate ...

  5. Sales comparison approach - Wikipedia

    en.wikipedia.org/wiki/Sales_comparison_approach

    The sales comparison approach (SCA) is a real estate appraisal valuation method that relies on the assumption that a matrix of attributes or significant features of a property drive its value. For examples, in the case of a single family residence, such attributes might be floor area, views, location, number of bathrooms, lot size, age of the ...

  6. Market value - Wikipedia

    en.wikipedia.org/wiki/Market_value

    When a real estate appraiser works with a business valuation appraiser (and perhaps an equipment and machinery appraiser) [8] to provide a value of the combination of a business and the real estate used for that business, the specific market value is called "going concern value". It recognizes that the combined market value may be different ...

  7. How to estimate your home insurance cost - AOL

    www.aol.com/finance/estimate-home-insurance-cost...

    Estimate the value of your personal property. ... Loss of use: Also called additional living expenses, this coverage pays for increased living costs, including food, laundry and lodging, if your ...

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