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BPO

What Is a Broker Price Opinion?

A broker price opinion is a real estate professional's opinion of value, often used by lenders, servicers, asset managers and other institutions for property-related decisions.

BPOs in the Default Business

In default and REO work, a BPO may be used to understand local market value, property condition, competition and likely marketing outcomes.

What Strong BPO Work Requires

  • Appropriate comparable selection
  • Market trend analysis
  • Property condition awareness
  • Clear adjustments and commentary
  • Timely delivery and quality control

Explore BPO Training