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Posts Tagged ‘BPO’

March 24, 2011 Real Estate Appraisers, Real Estate Agents, and Broker Price Opinions

In the world of real estate appraisal, there’s no question that certified real estate appraisers are the most qualified people to determine the value of a property. But a growing trend is seeing real estate agents doing exactly the same thing. And the appraisers aren’t happy about it. Real estate agents, in helping potential buyers [...]

August 12, 2010 Four Methods to Determine a Property Value

Real estate appraisals are, of course, the best method of determining the value of a property. But did you know there are a few other methods that brokers and lenders will sometimes use to determine a value? Here are four of the most popular methods used: Broker Price Opinion (BPO). BPOs are used by lenders [...]