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Broker Opinion of Value Form Treywales Com

Broker Opinion of Value Form Treywales Com

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[Music] hi guys this is erica from gochee capital now before i begin be sure to click subscribe and turn on the notification bell in 2022 beatrice cortez opened her property tax bill and nearly fainted her taxes had increased fourfold what happened we'll find out at the end of this video but first if you want a quick estimate of the value of a property try a broker's opinion of value and in today's video we have the top things you should know number one what is a broker's opinion of value a broker's opinion of value or bov is utilized to create an estimate of value for a specific property as the name would suggest it is completed by a broker or agent number two how does a broker's opinion of value work well a broker will take a look at the value of similar surrounding properties they will also look at sales trends in the neighborhood or region they then provide an estimated valuation or price range for your property number three why is a broker's opinion of value used a bov may be used

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