What is Broker Price Opinion (BPO)?
Broker Price Opinion is in short called BPO is a type of valuation report that provides an estimated value of a real estate property. BPO’s help investors lenders, banks, and mortgage companies to find out the estimated selling price of a real estate property.
BPO’s are performed by Licensed Real Estate Agents, Brokers, and Appraisers.
BPO Reports consists of an estimated value of the real estate property based on exterior/interior inspection, condition, location, recent sales and listings nearby subject having similar or closer characteristics (GLA, year built, room counts, lot size and amenities) as the subject and check for any exterior or interior repairs at the time of inspection.
Documents Required to get registered with the Broker Price Opinion companies (BPO Companies) are :
- Real Estate Broker or Agent License
- W9 Form
- E&O Insurance
Below is the list of 34 companies that offer Broker Price Opinion reports. The list of 34 BPO companies is based on our expertise and might help you in getting more business.Recommended2 recommendationsPublished in