appraisal: BPO vs Appraisal- Vote NOW! - 11/30/10 04:06 AM
I just got off a Linkedin Blog discussion where an Appraiser who is also REALTOR chided us for doing BPO's.  Really?  Should we stop doing CMA's too?  Thanks to HVCC many appraisers come from over an hour away and do not even have access to much of the local data yet they charge 10X what we are paid for a BPO. Sure it is much more work but is it really more accurate in this situation?  Often times the Appraiser never steps foot into any of the homes he or she has used on their appraisal but the local REALTOR who has access to … (4 comments)