unqualified people: BPO's...who are these people? - 02/07/11 12:50 PM
"Broker Price Opinions", on the face of it they appear to be just an opinion or quasi CMA being put together by a licensed real estate agent. one would expect this agent to utilize the normal standards for assembling, analyzing the data and coming to a conclusion about a property's value. The same institutions, the Banks, that got us into the short sale and foreclosure crisis are again creating a problem.
Instead of utilizing a certified appraiser, that would cost several hundred dollars, they are pay a mere $50. a piece for a broker opinion. The old saying," You get what you pay for".
I don't care too much about this … (9 comments)

 
Bob Publicover, Thinking outside the box (Publicover Realty Group, inc)

Bob Publicover

Thinking outside the box

Stuart, FL

More about me…

Publicover Realty Group, inc

Address: Martin and Palm Beach County, Fl.

Mobile: (772) 285-2114



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