BPO Agents Key to Recovery or Just More Fraud? - 12/03/10 12:52 PM
  
     BPOs are the estimated value of a property, as determined by a real estate broker or a qualified individual or firm.  A broker price opinion is based on the characteristics of the property, which include differences in comparables' location and/or transaction type.
 
BUT WHO WANTS TO ADMIT THEY AREN'T QUALIFIED?!
  
            Investopedia explains Broker Price Opinion.  Some of the factors that a broker will consider when pricing a property include: the value of similar surrounding properties, sales trends in the neighborhood, an estimate of any of the costs associated with getting the property ready for sale and/or the cost … (12 comments)

 
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Jon Tipton, Realtor/Cert. Res.Appraiser with The Duncan Duo & Associates at

Brandon, FL

More about me…

RE/Max Dynamic

Address: 4029 Henderson Blvd., Tampa, FL, 33629

Office Phone: (855) 487-7362

Cell Phone: (813) 391-6121

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