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In the world of real estate, there's a critical tool used by industry professionals that supports transaction decision-making—a Broker's Opinion of Value, commonly abbreviated as BOV.

Sep 25, 2024 · Learn what a broker's opinion of value is, its benefits, how it differs from an appraisal & how to get a BOV for commercial properties.

Jan 15, 2026 · A Broker Opinion of Value (BOV) is a broker-prepared estimate of a property’s worth, offering a faster and lower-cost alternative to an appraisal. BOVs can be tailored from brief overviews …

In summary, a BOV provides a valuable tool for real estate professionals and investors seeking a quick and cost-effective estimate of a commercial property’s value. However, it’s essential to carefully …

Jan 14, 2025 · A BPO or BOV report is structured much like a traditional appraisal — it has multiple sections providing detailed insights about the property, each contributing to an overall understanding …

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BOV is an acronym that stands for Broker Opinion of Value. Simply put, a BOV is a real estate agent or broker’s professional assessment of a commercial property’s value.

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