Get a Broker Opinion of Value for your property
Get an accurate value for your property
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Frequently Asked Questions
A BOV is priced based on the project but will cost less than an appraisal (call us for details).
Income approach, market approach, opinion of market conditions and others can be used.
A BOV can be used as supporting document or to justify an appeal.
This depends on the project in particular. Most projects will take 1-3 weeks.
A Broker Opinion of value is used by commercial real estate investors, property owners, lenders, banks, CPA’s, real estate attorneys, receivers and others to determine the current value of the property/asset.
No it is not. A BOV is researched and prepared by a commercial real estate professional/broker while an Appraisal is performed by a licensed appraiser. A Broker Opinion of value is the brokers opinion of value based on market comparable leases, comparable sales and their own knowledge of market conditions.
