Market Comparison approach to value
Use a comparative market analysis (CMA) approach for setting the value of a subject property based on information collected on comps.
Read More
Tag: broker price opinion (BPO)
Market condition analysis in a broker price opinion
Agents preparing a BPO ignore price trends at their peril.
Read More
Market price influencers
When forming a broker price opinion (BPO), a broker looks beyond the property itself to the various market factors which influence its value.
Read More
Authority to regulate real estate
When state and federal rules governing the use of real estate conflict, which rules take precedence, and when can police powers be used to take property?
Read More
BPO series: Trade fixtures, notices of nonresponsibility and water rights
Here is the third post in our series drawing on appraisal concepts from our unpublished...
Read More
Letter to the Editor: Who may render a broker price opinion (BPO)?
Does one need to be a broker to prepare and present a broker price opinion (BPO)?
Read More
Ethics in rendering broker price opinion (BPO) services
Lean to recognize when arrangements, situations, and relationships can give rise to conflicts of interest in the preparation of a broker price opinion (BPO);
Read More
Below value appraisals are uncommon — but they are more likely in minority neighborhoods
New data shows homes are more likely to be appraised at below the contract price when they are located in minority neighborhoods.
Read More
Economic considerations in an evaluation: Part 2
This article discusses different valuation methods for preparing a broker price opinion (BPO).
Read More
Economic considerations in an evaluation: Part 1
Learn how local economic conditions influence a broker’s price opinion – and how to use different valuation methods.
Read More
Spring price cuts, days-on-market, continue to climb
Seller price cuts and days-on-market continue to escalate across California in Spring 2023.
Read More
Market price influencers for a BPO report
Learn about the factors influencing a broker’s price opinion (BPO) report, including the property’s location, natural hazards and local ordinances.
Read MoreComparative Market Analysis for Setting Values — Addendum — RPI Form 318
Download the Form This form is used by a property owner, their agent or a buyer’s agent as a worksheet when estimating a property’s sales value based on prices recently paid for comparable properties to reflect...
Read MoreComparative Market Analysis to Set Rent — Single Family Residence — RPI Form 318-1
Download the Form This form is used by a property owner, their agent or a buyer’s agent as a worksheet when estimating a property’s gross monthly rental value based on rents recently paid for comparable properties,...
Read More
Form-of-the-Week: A comparative market analysis for setting prices and rents — Forms 318 and 318-1
A seller’s agent uses RPI Forms 318 and 318-1 when educating the seller on a reasonable asking price or rental amount for the property.
Read More
Resources
Education
Get to know us
Products & Services
