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In the world of real estate, there's a critical tool used by industry professionals that supports transaction decision-making—a Broker's Opinion of Value, commonly abbreviated as BOV.

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Sep 25, 2024 · Learn what a broker's opinion of value is, its benefits, how it differs from an appraisal & how to get a BOV for commercial properties.

BOV stands for broker opinion of value, which is a formal opinion, analysis and valuation conducted by a real estate broker to provide the value of a piece of real estate.

Mar 20, 2025 · In a simple context, “bov” is a slang term often used to represent disbelief or surprise, akin to saying “Wow!” or “No way!” The term is thought to have originated within …

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