Arkansas Real Estate Practice Exam 2025 – Comprehensive All-in-One Guide for Exam Success

Question: 1 / 400

What is included in the body of a written broker price opinion report?

The property owner's personal details

A brief description of the subject property and basis used for the opinion

A written broker price opinion report includes a brief description of the subject property and the basis used for the opinion. Option A is incorrect because personal details of the property owner are not typically included in a broker price opinion report. Option C, an agreement of sale, is also incorrect as it is a separate document from a broker price opinion report. Option D, blueprints of the property, are also not typically included in a broker price opinion report as they are not relevant to determining the value of the property.

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An agreement of sale

Blueprints of the property

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