Frequently asked questions (FAQ)

Frequently  asked Questions (FAQ)

  • What is your service area? Central Florida, the Orlando MSA

  • What is the difference between an Appraisal & a BPO?              

  • A Brokers Price Opinion is by real estate licensed individuals to establish a listing or selling price and requires only a real estate sales or brokers license. 

  • An appraisal requires an appraisal license, either residential or commercial.  Mr. Peele is licensed as a Real Estate Broker and as a State Certified General Real Estate Appraiser.

  • What is an Evaluation? Evaluations are used to estimate value on non-complex properties such as an owner-occupied office-condominium.  They do not require an appraisal license, are NOT "appraisals" and are subject to a set of minimum guidelines established by the FDIC.  They are typically used by banks in re-finance situations or if the property is less than the "diminimus."

  • What if I need an Appraisal or an Evaluation?  Mr. Peele provides Commercial RE Appraisals & Commercial RE Evaluations thru Central Florida Appraisal Consultants,  please go to

  • Are you insured? Yes,  we carry General Liability & E&O Insurance 

  • Why Jet Realty? Typical listings contain only the most basic information such as site and building size, year built, etc.  Our listings include a full valuation section which enables a prospect to easily make an informed decision as to an offer price.