Our Professional REALTORS® routinely prepare a Comparative Market Analysis (CMA) to determine an estimated sales price when listing homes, farms, ranches and commercial properties for Sellers. We also do this for Buyers to determine an estimated purchase price when we have a fully executed Buyer Representation Agreement in place.
We also prepare Broker Price Opinions (BPO) to determine an estimated sales price of homes, farms, ranches and commercial property for estate valuation purposes, preparation of Financial Statements or for negotiations of right-of-way, easement, eminent domain and condemnation processes.
Our BPO clients have included attorneys, commercial banks, credit unions, real estate valuation companies, mortgage lenders, trust departments, insurance companies, individuals, estates, institutional land investors, district courts, county courts, bankruptcy courts, asset management companies, school districts, economic development corporations, cities, relocation companies, default service companies, and property management companies.
BPO's are less expensive, but not as detailed, as Appraisals that are prepared by State Certified General Appraisers or State Licensed Residential Appraisers.
As required by law, the following disclosure will be included in all of our CMA's and BPO's:
“This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice.”
Please contact us via email or phone to determine:
1) whether we can accept the order, or not;
2) the Fee for this service (not free and due upon receipt) ;
3) the estimated timeframe to complete the CMA / BPO.
All information you provide is secure and will be kept strictly confidential.
If we exclusively list your property for sale (with no named buyer exclusions) within 14 days of completing the CMA / BPO, the Fee will be reimbursed.
If you, as a buyer, enter into a written Buyer Representation Agreement with us, the Fee will be reimbursed, at Closing, when the evaluated property is actually purchased by you.