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Question and Answer Session: Commercial BPO’s
Question:
Hi Nicole, Do you offer Commercial BPO Training? If yes, how much to enroll? If not, can you refer me to a company or person who does? Thanks, Ricky in the Bay Area, CA
Answer:
Hello Ricky,
Thank you very much for reaching out and for your question.
Unfortunately we don’t offer training on Commercial BPO’s.
Here’s what I do know:
- You need to be a commercial real estate agent as your speciality. You should be experienced and have an accreditation. 
- You may have to use a totally different MLS or website that shows commercial properties.
- The fee is higher for commercial BPO reports because it is more specialized and the reports are longer and more involved than doing a BPO on a house or a condo. 
- There are difficult financial questions on commercial reports where you need to know what they all mean.
I have done 1 or 2 commercial BPO orders back when I was active in real estate but quickly learned that they are a whole other animal and I didn’t have proper training to provide a quality report.
So, if you aren’t experienced see if your local MLS offers a class where you can get clock hours or a designation.
If you are interested in ... more

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