Broker Price Opinion
Providing a professional and detailed Broker Price Opinion of
VALUE for your home for over two years. Using the latest
information available to see how your home compares to the
current market.
DEFINITION:
"Is a method that a Real Estate Broker uses to estimate the probable
selling price of a Real Estate property/house. The estimate of price is
submitted in a BPO report (2-3 pages) that includes local and regional Real
Estate market information, neighborhood analysis, and (comps) properties
that compare to the (subject) house that is being priced. This method of
estimating a price has similarities to a Certified Market Analysis CMA and a
residential Real Estate appraisal.
Performing a BPO, in the BPO industry, means that a Real Estate
Professional is requested by a financial institution to submit an estimate of
a selling price for a property in a BPO report for a fee. "
Providing a professional and detailed Broker Price Opinion of
VALUE for your home for over two years. Using the latest
information available to see how your home compares to the
current market.
DEFINITION:
"Is a method that a Real Estate Broker uses to estimate the probable
selling price of a Real Estate property/house. The estimate of price is
submitted in a BPO report (2-3 pages) that includes local and regional Real
Estate market information, neighborhood analysis, and (comps) properties
that compare to the (subject) house that is being priced. This method of
estimating a price has similarities to a Certified Market Analysis CMA and a
residential Real Estate appraisal.
Performing a BPO, in the BPO industry, means that a Real Estate
Professional is requested by a financial institution to submit an estimate of
a selling price for a property in a BPO report for a fee. "
BPO Idaho
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