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Name: Fillable Online Broker Price Opinion for Property at 478 S Wellington Rd, Orange Ca 2018 Fax Email Print - pdfFiller
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Detailed Broker Price Opinion for the property at 478 S Wellington Rd in Orange, CA, including market analysis and comparable sales for informed decision-making.

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What is broker price opinion?

A broker price opinion (BPO) is an estimate of a property's value provided by a real estate broker or agent, based on their knowledge of the market and properties comparable to the subject property.

Who is required to file broker price opinion?

Typically, real estate agents or brokers who are assessing property values for clients, lenders, or real estate companies are required to file a broker price opinion.

How to fill out broker price opinion?

To fill out a broker price opinion, a broker should gather data on comparable properties, analyze market trends, assess the condition of the subject property, and then complete the BPO form with all necessary details and a value estimate.

What is the purpose of broker price opinion?

The purpose of a broker price opinion is to provide a quick and professional assessment of a property's market value, which can be used for pricing, underwriting loans, or helping clients make informed decisions.

What information must be reported on broker price opinion?

Information that must be reported on a broker price opinion includes property details, recent sales data for comparable properties, market conditions, and the broker's valuation of the property.

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