BPO/REO blog

Broker Price Opinion – REO properties (part 1)

This is part one of a three-part series where I talk about the different reasons why a BPO is needed on an REO property. Initial Listing Price There are many reasons why an asset management company (AMC) will order a broker price opinion (BPO). Today, I’ll touch on a popular reason why the AMC will [...]

Value dispute: REO challenges your value

Let’s say you recently completed a BPO on an REO property – you are not the listing agent, rather you are an “independent agent” hired to give a 2nd opinion value of the property. You’ve turned in a quality BPO. You’ve done all the work. It’s now weeks (or even months) later and you’ve completely [...]

REO listings – Agent Rankings

How to Get Started Doing BPOs – Part 1

Getting Started – Part 1