broker price opinions: NCAR clarifies the rule on Broker Price Opinions in North Carolina. Are you breaking the law? - 03/17/11 03:25 AM
The North Carolina Real Estate Commission has set out its guidelines on who is violating the rules when it comes to broker price opinions.  While this guy is as exciting as watching paint dry in a dark room, it is important to point out that there needs to be a reasonable expection that the agent would receive the listing for performing the BPO.  
Reasonable expectation?  What exactly does that mean?  
On 70% of the BPO's received on our short sale listings, the agents are new or not MLS members, have not sold a home in a number of years, … (2 comments)