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September 30, 2024

Broker Price Opinions: Benefits and Pitfalls

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By Thomas Hayostek JD/Bar Candidate What is a broker price opinion? A broker price opinion (BPO) is a subjective valuation of a property, made by a licensed broker, as it pertains to a potential purchase, sale or lease[i]. To provide a valid BPO in California, the broker must be a licensed broker making the […]