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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