Broker Opinions of Value (BOVs) are in demand throughout the United States. Banks, Lenders, REO Asset Managers, BOV Companies, and Appraisal Management Companies (AMCs) order thousands of BOVs daily across the country. BOVs have become a preferred method of obtaining a valuation on a residential real estate property. There are multiple reasons for financial organizations to obtain a valuation on a property (click here for typical Reasons for BOVs ). Essentially, every property in a Real Estate Agent or Broker’s service area has the potential for multiple BOVs.
There is definitely demand for BOVs, and as the population grows, so will the demand. The availability of work depends mostly on the number of Agents and Brokers performing BOVs in any area.