Arkansas Real Estate Practice Exam

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What is included in the body of a written broker price opinion report?

The property owner's personal details
A brief description of the subject property and basis used for the opinion
An agreement of sale
Blueprints of the property

The correct answer is: A brief description of the subject property and basis used for the opinion

A written broker price opinion report includes a brief description of the subject property and the basis used for the opinion. Option A is incorrect because personal details of the property owner are not typically included in a broker price opinion report. Option C, an agreement of sale, is also incorrect as it is a separate document from a broker price opinion report. Option D, blueprints of the property, are also not typically included in a broker price opinion report as they are not relevant to determining the value of the property.