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Frequently asked questions
A few things clients often ask.
What is the difference between a BOV and an appraisal?
An appraisal is prepared by a state-certified appraiser under USPAP standards and is usually required for lending, court and certain legal purposes. A Broker Opinion of Value is prepared by a licensed real estate broker using comparable sales, current listings and active market knowledge. It is faster and more cost-effective, and is widely used for pricing, strategy and tax-appeal preparation. A BOV is not an appraisal and cannot be used where a certified appraisal is required.
Can a BOV help with a property tax appeal?
Yes. A BOV can document the comparable sales and market evidence that show where an assessed value may be too high. In Florida, assessment challenges are filed with the county Value Adjustment Board after the TRIM notices are mailed each August, and the filing window is short (generally 25 days), so it pays to start early.
How long does a BOV take?
Most BOVs are delivered within 5 to 10 business days of receiving the property information. Premium assignments include priority turnaround.
What information do you need from me?
The property address and type, and, for income properties, a recent rent roll and operating statements. For a tax appeal, your current assessment or TRIM notice. Any recent leases, renovations or capital improvements also help.
Can I use a BOV before selling my property?
Yes. A Sales Valuation BOV gives you a realistic, market-backed price range and positioning before you list, so you can set expectations and plan your disposition strategy with confidence.
Client results
Trusted guidance when the numbers matter.
Thoughtful analysis, clear communication, and market-backed recommendations clients can act on.
Tower Star helped us understand where our assessment stood against the market and gave us the clarity we needed before moving forward.
The valuation package was thorough, practical, and easy to understand. It gave us a much stronger basis for our pricing decision.
Start with clarity
Know the value. Make the next move with confidence.
Schedule a complimentary conversation to discuss your property, timing, and valuation needs.
Book Your Free ConsultationThis Broker Opinion of Value is not an appraisal and has not been prepared by a state-certified appraiser. It is not intended for lending purposes or for any use that requires a certified appraisal.