bpo valuation: To BPO or not to BPO: In defense of the BPO's place in valuation - 07/05/11 03:43 PM
The BPO has a distinct place in the valuation process. The perspective of a real estate agent is different than that of an appraiser. Appraisers, after all, never actually walk into a house with a prospective client, something agents do all the time (or at least, presumably, do).The agent, like the appraiser, uses facts to arrive at an opinion of value. Neither evaluator has a crystal ball or employs wizardry.
An appraisal's emphasis relies heavily on recently sold properties and physical value. When an agent prepares either a CMA or a BPO, comparables are pulled from both currently listed and recently … (6 comments)

 
Liz Lockhart, GRI, Cape Girardeau Real Estate (Riverbend Realty, Cape Girardeau, MO)

Liz Lockhart

GRI, Cape Girardeau Real Estate

Cape Girardeau, MO

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Riverbend Realty, Cape Girardeau, MO

Address: 303 N. Fountain, Cape Girardeau, MO, 63701

Office: (573) 651-0777

Mobile: (573) 450-0777

Life's journey and all things real estate-- REO, short sale, buying homes, selling homes, listing homes, buyer agent, seller's agent, relocation


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