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What companies accept Broker Price Opinions (BPO) from Realtors?

* Preferably companies that accept BPO submissions via the internet. * I am a licensed and active Realtor servicing the Atlantic City Metro Area. REO.. Bank owned.. Foreclosures.. Real Estate

Public Comments

  1. Nobody really asks a broker for an appraisal on current market prices. The main customers for appraisers are banks who lend money on properties purchased. The appraisal Co. gets instant info from two databases. One is advertised asking prices software which is up-dated daily. And another is the transacted price in the Land Office records.
  2. Broker price opinions are typically only used to confirm the value on an appraisal when the appraisal is in question. This is usually only one of a list of options available to the lender. Other options include having another appraiser do what is refereed to as a field review or doing an automated review on a database of comparables. However, if you want to avoid a full appraisal there are many lenders that will use an automated value in lieu of a full appraisal. There are too many to list, but i might be able to help you out if you have a specific transaction that you are working on.
  3. I know what you are looking for an I have made over $2000 this month in completing BPO's. Please contact me via email or IM and I will share with you how I got started. This is a hard market to break into! I would get slaughtered for just posting on the web all the inside information!!
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