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Broker opinion of value sample A brokers price opinion is an unofficial assessment of a properties market value based on expert judgment (that of your broker). It's grounded in both qualitative and
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How to fill out broker opinion of value

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How to fill out broker opinion of value

01
Gather all relevant property information such as property address, legal description, and current condition.
02
Obtain recent sales data for comparable properties in the area to determine the market value.
03
Consider any additional factors that may impact the property value, such as current market trends or zoning regulations.
04
Use the gathered information to fill out the broker opinion of value form accurately and clearly.
05
Review the completed form for any errors or missing information before submitting it to the intended recipient.

Who needs broker opinion of value?

01
Real estate investors looking to buy or sell a property.
02
Lenders deciding on financing options for a property.
03
Property owners looking to determine the value of their asset.
04
Legal professionals working on property disputes or transactions.
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Broker opinion of value is an estimate of the market value of a property provided by a licensed real estate broker or agent.
Real estate brokers or agents are required to file broker opinion of value.
Broker opinion of value is typically filled out by assessing the property, considering market trends, and using comparable sales data.
The purpose of broker opinion of value is to provide an estimate of the property's market value for decision-making purposes.
Broker opinion of value must include property details, market analysis, and the estimated value of the property.
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