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A broker price opinion is a valuation performed by a broker or agent. Usually requested from a financial institution. you can find more information on http://www.insider-reports.com
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Where do brokers obtain their information to complete a Broker Price Opinion?
From the recent sales information from their MLS and from their local title company.
What states define a Broker Price Opinion BPO as an appraisal and require it be completed by a licensed or certified appraiser?
WV, PA, UT, NV, MS... Most of the agents/brokers in the bigger cities will complete BPOs for the normal fee but as soon as you get into the rural areas you better count on paying for an appraisal.ARIZONA: (3/24/2010) A.R.S. 32-3602 This chapter does not apply to: 1. A real estate broker or salesperson who is licensed in this state and who, when acting as such, gives an opinion as to the price of real estate if this opinion is not referred to as an appraisal.KANSAS: (3/24/2010) 58-4102, (c) "Broker's price opinion" and "comparative market analysis" means an analysis, opinion or conclusion prepared by an individual licensed as a real estate broker or salesperson pursuant to K.S.A. 58-3034 et seq., and amendments thereto, relating to the price of specified interests in or aspects of identified real estate property that is provided to a potential customer, client or third party in the ordinary course of business.MISSOURI: (3/24/2010) 339.503, (8) "Broker price opinion", an opinion of value, prepared by a real estate licensee for a fee, that includes, but is not limited to, analysis of competing properties, comparable sold properties, recommended repairs and costs or suggested marketing techniques. A broker price opinion is not an appraisal and shall specifically state it is not an appraisal;
Can an Idaho real estate agent perform a bpo?
B.P.O. stands for Broker Price Opinion hence only real estate brokers or agents can provide such opinions.
What is a Broker Price Opinion audit?
Want to learn and earn techniques for financing home buyers, lenders and banks with refinancing and foreclosures.Learn cost-saving alternatives like Broking pricing opinion training, log on to http://www.bpolist.net/
What is price paid to a broker for services?
commission
What's the form that instructs your broker to buy or sell when a stock reaches a specified price?
Limit Order is the form that instructs your broker to buy or sell when a stock reaches a specified price.
Should I get a small car insurance company set in Virginia?
Find an independent insurance broker and get a quote. Then compare the price and see if the saving is worthwhile. Nice thing about an insurance broker is that they will do the price shopping for you.
What is the primary source document for recording investing transactions?
Broker's advice. This document is issued by a broker and gives the exchange price of investing transactions.
What is a BPO in real estate?
"The BPO, or Broker Price Opinion, is a tool used by lenders and mortgage companies to value properties in situations where they believe the expense and delay of an appraisal is not necessary." You can read more about it at the link provided below.
A real estate broker sold your house for 189000 The broker's commission was 4.5 percent of the selling price How much would you get for the house after the commission is paid?
$180,495
Where is it possible to get jobs in BPO?
BPO (or broker price opinion) jobs can be found all over the world. These jobs tend to be found in call centers, but there are opportunities out there that allow for job seekers to perform BPO jobs from the comfort of their own home.
Who are price makers in forex market?
Forex Market is not centralized as other markets. For example DOW, CME, Nikki etc centralizes the whole process, every trade that is executed goes via their servers. So the price you see on your broken screen is the real price that everyone else sees. This however is not the case with Forex. A Forex broker can increase the spreads and prices thus varies from broker to broker.
