Coldwell Banker Commercial Eberhardt & Barry provides Broker Opinion of Value (BOV) services for an owner or lender needing an educated look at the value of a property. Our licensed brokers offer quick turnaround on Broker’s Professional Opinion services and are happy to use proprietary forms or the forms requested by the client.
Our knowledgeable brokers will visit your property and carefully evaluate the factors that affect a property’s value such as location, physical condition, market value, deferred maintenance, tax, zoning, and environmental data, as well as assessing local market conditions which could also influence the property’s value such as transportation, traffic count, population growth, shopping, job growth, etc.
After a thorough review of the property’s characteristics, the broker will perform detailed market research and study comparable data. The Broker Opinion of Value (BOV) summary will offer an educated opinion of the property value and outline the criteria used to determine that value.