valuation in non-federally related transactions
-real estate licensees who are licensed under part 1 of F.S 475 are permitted to perform valuations for a fee in non-federally related transactions
-however, they cannot use the term appraiser or appraisal unless certified or registered to do so
comparative market analysis
-developed by using the same basic steps as an appraiser uses with the sales comparison approach, but employs less stringent methods
broker price opinion
-an estimate of a property’s value determined by a real estate broker or sales associate
-anyone who holds an active broker or sales associate license, or appraisal certification in FL may prepare a BPO
-the preparer is entitled to compensation for the BPO