broker's price opinion
noun
variants or less commonly Broker's Price Opinion
: a report prepared by a real estate broker of the value of a property based on a usually exterior viewing of the property and comparison of it to similar properties on the market
Considered as a whole, the statements in the Broker's Price Opinion are simply opinions relating to possible future prices given by Sands to California Federal while acting as its agent.
Word History
First Known Use
1980, in the meaning defined above
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