GRI - Contracts to Closing Questions & Answers 100% Correct

GRI - Contracts to Closing Questions & Answers 100% Correct GRI - Contracts to Closing Questions & Answers 100% Correct GRI - Contracts to Closing Questions & Answers 100% Correct GRI - Contracts to Closing Questions & Answers 100% Correct TREC requires license holders to ABIDE by (TREC 535.16(c) - ANSWER-License holder is obligated to provide a broker price opinion or CMA when "negotiating a listing" or offering to purchase the property. TREC provides additional GUIDANCE in (TREC 535.17) - ANSWER-License holder may not perform an appraisal of, or provide an "opinion of value" for a real property. Realtors do "pricing." When a lender orders an appraisal, they may employ an AMC - ANSWER-AMC - Appraisal Management Co. 3 Main approaches appraisers use to provide an opinion of value: - ANSWER-Sales comparison, cost approach, income approach