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What Is A Broker Price Opinion? When a real estate broker or other qualified professional determines a propertys estimated value, its considered a broker price opinion. A BPO is used as part of the listing agreement when selling a house.
Cons. A BPO isnt always as accurate as an appraisal. An appraisal is done by a licensed, certified appraiser rather than a real estate agent or broker. A BPO cant always be used as an alternative to an appraisal.
A broker price opinion (BPO for short), is a real estate professionals estimate of a propertys value. It is an opinion, but one often backed up by the selling prices of comparable homes in comparable neighborhoods.
The broker price opinion (BPO) is a written estimate of the probable sales price of a property performed by a real estate broker or sales person with or without an interior property inspection.
What Is the Goal of BPO and What Are Its Types? BPO is the abbreviation for business process outsourcing, which refers to when companies outsource business processes to a third-party (external) company. The primary goal is to cut costs, free up time, and focus on core aspects of the business.
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What Is A Broker Price Opinion? When a real estate broker or other qualified professional determines a propertys estimated value, its considered a broker price opinion. A BPO is used as part of the listing agreement when selling a house.
A brokers price opinion (BPO) is a report that is performed by a licensed real estate agent, broker or appraiser. A BPO is an informal appraisal. It is similar to doing a CMA (Comparative Market Analysis) but most times the real estate professional gets paid to do a BPO.

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