When preparing a BPO in Florida, a licensee must include all of the following elements EXCEPT:
Correct Answer
D) Interior inspection by a licensed home inspector
Correct: D - Interior inspection by a licensed home inspector. A licensed home inspector is not required for BPO preparation; the real estate licensee can conduct the necessary property inspection. Why not A: This option is incorrect because "Analysis of comparable sales data" does not match the rule tested by the question. The correct answer is "Interior inspection by a licensed home inspector". A licensed home inspector is not required for BPO preparation; the real estate licensee can conduct the necessary property inspection. Why not B: This option is incorrect because "Assessment of neighborhood and market conditions" does not match the rule tested by the question. The correct answer is "Interior inspection by a licensed home inspector". A licensed home inspector is not required for BPO preparation; the real estate licensee can conduct the necessary property inspection. Why not C: This option is incorrect because "Physical inspection of the subject property's exterior" does not match the rule tested by the question. The correct answer is "Interior inspection by a licensed home inspector". A licensed home inspector is not required for BPO preparation; the real estate licensee can conduct the necessary property inspection.
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A Florida sales associate wants to prepare a CMA for a potential listing client. The associate's broker requires all CMAs to be reviewed and approved before presentation to clients. The associate completes the CMA but the broker is out of town for a week. The client is meeting with another agent tomorrow. What should the sales associate do?
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