An analysis conducted by a real estate broker to assist a buyer or seller with determining the listing price of a property or an appropriate bid for purchase. Also known as Comparative Market Analysis (CMA), a BOV helps in making informed real estate decisions.
A Real Estate Broker arranges the purchase or sale of property for a buyer or seller in return for a commission. Brokers must be licensed by the state, and salespeople, who are also licensed, work under brokers.
A special agent can refer to either a professional engaged to act on behalf of another with limited authority, such as a real estate broker, or an Internal Revenue Service employee tasked with investigating potential fraud.
A broker who represents tenants, ensuring they find the best property to lease and negotiating the most favorable transaction terms on their behalf.
