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Study Finds MLS Advantage Persisted Through Pandemic
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Listing on an MLS has long been viewed as the best scenario for a home sale. The functioning of the real estate industry—as well as common sense—would indicate that advertising a property as widely as possible is the best way to get the most buyers and, therefore, the best price...
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The term "broker's price opinion" (BPO) is used in the real estate industry to describe a home appraisal that a real estate broker performs. A BPO is not an official appraisal but an opinion of the property's value. A BPO is not binding on either the buyer or the seller and should not be used as the sole basis for making a decision...
