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In our office, agents are forbidden from investing in this kind function. A close cousin of your BPO could be the CMA, which stands for comparative (or sometimes "competitive") market analysis and involves an agent researching sales on nearby Multiple Listing Service (MLS). The agent who hopes to now list residence compares house to other homes by the market, and to homes that recently sold, and an individual a rough estimate of the it would sell for on the market today. An appraisal is a valuation of property made by a LICENSED appraiser.
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