Broker’s Price Opinion (bpo)

Appraiser Reading Broker’s Price Opinion (bpo) 1 minute Next Business Broker

Definition: A formal (written) opinion of value for a property determined by a broker.

Additional Information: Usually used for distressed properties such as short sales.

Pronunciation: ˈbrōkərs prīs əˈpinyən

Used in a Sentence: The lender would like a BPO of the property in question.

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