Mike Kennedy
Elite Member
- Joined
- Sep 28, 2003
- Professional Status
- Certified Residential Appraiser
- State
- New York
North Carolina Tosses Illegal Broker Price Opinion
The North Carolina Court of Appeals on Sept. 6 affirmed a trial court's exclusion of a broker price opinion from evidence because it reported market value instead of price. The case should serve as a strong warning to real estate brokers in North Carolina who violate the law by preparing BPOs and CMAs that report market value rather than price. <FULL STORY
The North Carolina Court of Appeals on Sept. 6 affirmed a trial court's exclusion of a broker price opinion from evidence because it reported market value instead of price. The case should serve as a strong warning to real estate brokers in North Carolina who violate the law by preparing BPOs and CMAs that report market value rather than price. <FULL STORY