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Broker Opinion of Value Template for Commercial Real Estate

Create professional BOV documents with property details, market context, comparable sales support, valuation summaries, and polished broker branding.

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Demographics
Population1 Mi3 Mi5 Mi
2025 Pop.24K148K245K
Growth1.2%0.9%0.7%
Median Inc.$72K$84K$94K
Income & Expenses
DescriptionIn-PlacePro Forma
Income
Base Rental Income$312,000$324,000
CAM Reimbursement$48,000$52,000
Tax Reimbursement$24,000$26,000
Effective Gross Income$384,000$402,000
Expenses
Property Taxes$42,000$44,000
Insurance$18,000$19,000
Management$15,360$16,080
Net Operating Income$291,125$305,400
Midtown Commerce Center - cover photo
Broker's Opinion of Value
Midtown Commerce Center
3200 N Central Ave
Phoenix, AZ 85012
Michael Torres
Senior Vice President
(602) 555-8100 (Direct)
mtorres@apexcre.com
Apex Commercial Real Estate
2727 N Central Ave
Suite 400, Phoenix, AZ 85004
(602) 555-8100
www.apexcre.com
Lic# BR-0654321
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Trusted by
CRE Brokers at:

CBRE
JLL
Cushman & Wakefield
Compass
Colliers
Marcus & Millichap
Newmark
RE/MAX
Keller Williams
Coldwell Banker
Sotheby's Realty
SVN International
eXp Realty
Lee & Associates
NAI Global
Berkadia
Transwestern
Kidder Mathews
Northmarq
CBRE
JLL
Cushman & Wakefield
Compass
Colliers
Marcus & Millichap
Newmark
RE/MAX
Keller Williams
Coldwell Banker
Sotheby's Realty
SVN International
eXp Realty
Lee & Associates
NAI Global
Berkadia
Transwestern
Kidder Mathews
Northmarq

BOV Templates by Property Type

Each template is tailored to highlight the valuation factors that matter most for your property type.

Preview

Retail BOV

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Office BOV

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Multifamily BOV

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Industrial BOV

Preview

Net Lease BOV

Preview

Hospitality BOV

Preview

Self-Storage BOV

Preview

Land BOV

Preview

Mixed-Use BOV

Preview

Mobile Home Park BOV

Create Broker Opinions of Value with CREBuilder

Everything you need to produce professional property valuations, built into one platform.

Automated Market Data

CREBuilder pulls in parcel data, tax records, aerial maps, and demographics from 155M+ properties to build out your valuation context automatically.

Sales & Rental Comps

Include comparable sales and rental data to support your valuation. Professional comp tables are generated automatically from your inputs.

Valuation Summary

Present your value range estimate with a clear, professionally formatted valuation summary page that consolidates your analysis.

Professional Presentation

Choose from multiple template themes and brand with your logo and colors. Produce a polished BOV that reflects the quality of your expertise.

BOV vs Appraisal vs Broker Price Opinion

CREBuilder helps brokers produce practical valuation documents for commercial real estate conversations. It does not replace legal, lending, or appraisal requirements, but it gives teams a clearer way to present their market opinion.

Broker opinion of value

A broker-prepared valuation opinion used for owner conversations, listing pitches, portfolio reviews, and hold/sell decisions.

Broker price opinion

A related broker valuation format often used in residential or lender contexts; CRE teams commonly use BOV language for commercial assignments.

Formal appraisal

A regulated valuation prepared by a licensed appraiser. A BOV is usually faster and more practical for marketing and advisory workflows.

What's Included in Your BOV

Property Summary
Property Highlights
Location Maps
Property Photos
Photo Gallery
Market Overview
Demographics
Sales Comparables
Rental Comparables
Valuation Summary
Contact Information
Branded Cover Page

How It Works

01

Enter Property Address

We'll automatically acquire property facts, tax records, maps, demographics & market data.

02

Add Comps & Analysis

Enter comparable sales and rental data. Add your property assessment and valuation notes.

03

Customize & Download

Export as a professional PDF or share online. Brand with your logo and colors.

Start Free — Create My BOV

Frequently Asked Questions

What is a Broker Opinion of Value (BOV)?
A Broker Opinion of Value is a broker-prepared estimate of a property's market value, prepared by a licensed real estate broker rather than a certified appraiser. It covers the property, relevant market context, comparable sales or rentals, valuation assumptions, and a recommended value range.
Can CREBuilder be used as a broker opinion of value template?
Yes. CREBuilder gives brokers editable BOV templates with property summary, highlights, photos, maps, comps, valuation summary, branding, and export-ready PDF sections.
When do you need a BOV?
BOVs are commonly used for estate planning, loan underwriting, portfolio reviews, litigation support, internal decision-making, and situations where a full appraisal is not required. They are faster and more affordable than formal appraisals.
How is a BOV different from an appraisal?
An appraisal is a formal valuation performed by a licensed appraiser following USPAP standards. A BOV is a broker-prepared opinion based on market knowledge and comparable data. BOVs are less expensive, faster to produce, and widely accepted for many business purposes.
How long does it take to create a BOV with CREBuilder?
With automated property data and pre-built templates, you can create a complete BOV in about 20-30 minutes. Traditional methods with manual formatting typically take several hours.
What comparable data is included?
CREBuilder generates professional sales comparable and rental comparable tables from your inputs, including property details, sale prices, price per square foot, cap rates, and adjustments.
Can I create BOVs for any property type?
Yes. CREBuilder supports BOVs for all major commercial property types including Retail, Office, Multifamily, Industrial, Land, Hospitality, Self-Storage, Mobile Home Parks, Mixed-Use, and Net Lease.
Can I create a mobile home park BOV?
Yes. CREBuilder includes mobile home park BOV templates and supports property-type-specific sections for MHP communities, lot count, occupancy context, photos, maps, and valuation support.
Can I use my own branding?
Absolutely. Upload your company logo, set your brand colors, and add your professional headshot. Your branding appears on every page of the document.
Can I download the BOV as a PDF?
Yes, Pro plan users can export high-resolution print-ready PDFs. The PDF generates in 10-30 seconds depending on the document size.
Is there a free trial?
CREBuilder offers a free Starter plan that lets you create up to 3 documents. No credit card required.
What makes CREBuilder's BOV different from a Word template?
CREBuilder automates property data, generates professional comp tables, includes interactive maps and demographics, and produces a polished multi-page document with consistent branding — all without manual formatting.

Ready to Create Your First Broker Opinion of Value?

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