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MLS stands for Multiple Listing Service. MLS is a online website where licensed real estate agents and brokers post their active listings for sale, so that other agents or brokers can connect with them on interested homes for sale and share information.
In simple terms MLS is a database of homes for sale, homes that are sold or that were listed.… Read more
What is the difference between bpo and appraisal?
BPO’s and Appraisals both are property valuation reports used by lending and financial institutions in the USA. The difference between both types of valuation is as follows:
- BPO (Broker Price Opinion) provides an estimated property value wherein appraisals are close to an accurate property…
In US Real Estate BPO stands for broker price opinion. Broker Price Opinion is a type of valuation report that is prepared by real estate agents and brokers for lending and financing organizations. A Broker Price Opinion report provides an estimate of a property value.