broker's price opinion

variants: or less commonly Broker's Price Opinion

Definition of broker's price opinion

: a report prepared by a real estate broker of the value of a property based on a usually exterior viewing of the property and comparison of it to similar properties on the market Considered as a whole, the statements in the Broker's Price Opinion are simply opinions relating to possible future prices given by Sands to California Federal while acting as its agent.

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First Known Use of broker's price opinion

1980, in the meaning defined above

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The first known use of broker's price opinion was in 1980

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Cite this Entry

“Broker's price opinion.” Dictionary, Merriam-Webster, Accessed 20 Sep. 2020.

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