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Brokers who use the VBPR typically have experience in which of the following roles?

Option 1: Real estate appraisers
Option 2: Property management
Option 3: Commercial leasing
Option 4: Residential sales

1 Answer

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Final answer:

Brokers using the VBPR typically have experience in residential sales, as this tool is aligned with evaluating and listing homes for sale.

Step-by-step explanation:

Brokers who use the VBPR typically have experience in residential sales. VBPR, which stands for Voluntary Broker Price Opinion Resource, is a tool used by brokers to provide price opinions on residential properties. Those with experience in residential sales are more likely to utilize VBPR as it aligns with their day-to-day operations of evaluating and listing homes for sale. Whereas real estate appraisers, property management, and commercial leasing professionals also deal with property valuations, their roles don't directly align with the broker price opinions which are more commonly applied in the residential sales market.

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