Home > Blogs > Ray Saenz > Laredo, TX Homes for Sale in Laredo, Texas Realtor

Tips to influence a BPO (Broker Price Opinions)

By Ray Saenz

Real Estate Agent with Exit Realty Laredo 657593

May 30, 2007 06:07 PM

Be prepared with these tips to influence a BPO

* Provide the appraiser, real estate agent, broker comparables that you have found.,
* You need to have solid comparables
* Why do you think that your comparables should be considered?
* Condition report from the real estate would be a good idea to provide together with your comps.
* Do not go against the BPO, just give your considerations / opinions..

You can get a discounted substantial short sale!

What Does a Realtor Need be successful on Short Sales?
When is time for a Short Sale?
Tips to influence a BPO (Broker Price Opinions)
Phone Numbers to work on your short sale
Short Sale Documents List From Seller
The don'ts of a Short Sale
The do's of a Short Sale
Short Sales are good if you know how to handle them

Aurora Colorado Real Estate Aurora Colorado Homes for Sale Colorado Spanish Speaking Real Estate Agent Realtor

Comments(13)

Comment

Show All Comments

Sort:

Jason Sardi

Auto & Home & Life Insurance throughout North Carolina - Charlotte, NC

Your Agent for Life

Hey Ray,

Ironic you write this post, I plan on writing a post very soon regarding the BPO and the role it plays in my side of the business. It has its role but....

May 30, 2007 09:04 PM

Neal Bloom

Brokered by eXp Realty LLC - Weston, FL

Realtor CRS-Weston FL Real Estate

Ray,

I have done 2 BPO's on 2 relos...usually the company wants 3 different BPO's from 3 different agents before they make the decision who to hire. The good thing is they usually price the house right where it should be..which is good for us agents. No hassle with over pricing and usually they offer out a nice compensation package to the agents. I like them and wish they were required on all appointments.

May 30, 2007 11:36 PM

Jack Haydon

Charles Rutenberg Realty - Clearwater Beach, FL

Clearwater Beach Condos - Real Estate Homes for Sale

Great post - Thanks!

Jack

May 31, 2007 01:37 PM

George Souto

George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT

Your Connecticut Mortgage Expert

Ray I am not familiar with the term "Buyer Price Options" so I am wondering if it is called something else around here.

May 31, 2007 03:29 PM

Ray Saenz

Exit Realty Laredo - Laredo, TX

Homes for Sale in Laredo, TX - Texas, Realtor

Jason, go ahead and we can link together out blogs :) thanks for stopping by, take care !

May 31, 2007 07:25 PM

Ethan, true, that's a good point, thanks for stopping by and make a comment, I appreciate always what people think about my blogs.

May 31, 2007 07:26 PM

Neal, Actually I have 2 real estates on short sales and I will try to make the lender to order a BPO, Wells Fargo is very difficult to work with, thanks for stopping by and your great comments, everything helps here. I appreciate it Neal :) keep the good blog !

May 31, 2007 07:28 PM

Jack, You are welcome, keep the good work and thanks for stopping by, say hello to your wife :)

May 31, 2007 07:29 PM

George, I have not heard other words about this, hm.... but good question, thanks for stopping by my friend.

May 31, 2007 07:30 PM

Cyndee Haydon

Charles Rutenberg Realty - Clearwater, FL

727-710-8035 Clearwater, Beach Short Sales Luxury Condos &Homes

Ray, got busy and off track - love this series on short sales - thanks!

Jun 01, 2007 12:21 PM

Cyndee, you are welcome and thanks for stopping by, I always appreciate it :) !!!

Jun 12, 2007 04:33 PM

Anonymous

FOR ALL REALTORS STILL DOING BPO FOR EVALUATION SOLUTIONS! PLEASE BE WARY, DON'T DO ANY BPO FOR THIS FLY BY NIGHT COMPANY IN FLORIDA. I HAVE SEEN A LOT OF BLOGS ABOUT THEM NOT PAYING FOR THEIR BPO WHICH THEY ALWAYS WANT A 24 HOUR TURN AROUND AFTER YOU ACCEPTED THE ORDER. THE PROBLEM THEY ALWAYS GIVE YOU A RUSH ORDER, AT A VERY CHEAP PRICE, THEN YOU WAIT 60 DAYS TO GET PAID OR NOT EVEN GET PAID. YOU CAN MAKE A BETTER USE OF YOUR TIME ESPECIALLY NOW THAT GAS IS VERY EXPENSIVE. I ATTACHED HEREWITH A LINK TO http://www.ripoffreport.com/ ABOUT THIS VERY BAD COMPANY.

http://ripoffreport.com/searchresults.asp?q1=ALL&q4=&q6=&q3=&q2=&q7=&searchtype=0&submit2=Search%21&q5=evaluation+solutions&Search=Search

Aug 10, 2008 03:52 PM

#13

Outsourcing Services

Great tips! Thanks for sharing very useful tips.

Jun 07, 2009 07:47 PM

#14

Tips to influence a BPO (Broker Price Opinions)

Comments(13)

Ray Saenz

Real Estate Resources

Recent Posts