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The document is a Residential Broker Price Opinion (BPO) for the property located at 539 Dry Branch Way, Saint Johns, FL. It provides an analysis of the property's market conditions, including current trends, comparable sales, and suggested pricing strategies. The report indicates that the local market is stable but has seen a decline in home values. The subject property is a single-family detached home with an estimated value range of $79,500 to $133,000. It includes details on comparable properties, marketing strategies, and necessary repairs to enhance marketability.

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What does BPO stand for in real estate?

Trained experts conduct home appraisals, while BPOs are done by agents or brokers. The appraisal accuracy will be much higher because appraisers must meet certain educational guidelines and benchmarks. They also take continuing education courses in valuation.

What is the difference between an appraisal and a BPO?

Most NABPOP members do BPOs to supplement their real estate income, but some perform BPOs exclusively and earn up to a 6 figure income. NABPOP members enjoy a consistent and steady flow of BPO income between real estate deals.

What is BPO in real estate example?

A broker price opinion (BPO) is a real estate professionals dollar estimate of a propertys worth. It is an opinion, but one often backed up by the selling prices of comparable homes in comparable neighborhoods.

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