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Broker Price Opinion BPO Brief Broker Price Opinion Defined: Broker Price Opinion - BPO, is a method that a real estate agent or broker uses to estimate the probable selling price of a house. The.

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What Is A Broker Price Opinion? When a real estate broker or other qualified professional determines a property's estimated value, it's considered a broker price opinion. A BPO is used as part of the listing agreement when selling a house.

The National Association of Broker Price Opinion Professionals (NABPOP) is a non-profit professional trade association of BPO Practitioners (Real Estate Sales Agents and Brokers) who perform professional Broker Price Opinions BPOs or support the advocacy of BPOs.

NABPOP administers a rigorous BPO Certification test. NABPOP will only certify the professionals that pass the rigorous BPO Certification Test. The BPO certification test is a 1.5 hour comprehensive online exam available to professionals of the BPO industry (NABPOP members and non-members).

Only real estate licensees are authorized to conduct BPOs or CMAs. Furthermore, BPOs must be performed under the direction and control of a broker, and payment for BPOs must be made directly to the broker.

Similar to a home appraisal, a broker price opinion helps establish what your home is worth. But a broker opinion of value is considered less accurate than an appraisal and may not be allowed to substitute for an appraisal.

NABPOP provides a robust and comprehensive BPO Education/BPO Training Course and is the BPO Certification Authority for Certified Real Estate Pricing Specialists . NABPOP Membership and Corporate Sponsorships directly support the BPO and real estate industries.

A broker price opinion, commonly known as a BPO, is a real estate professional's opinion of a property's value. BPOs are most often used when setting the list price of a property, similar to a comparative market analysis, and in the case of a foreclosure or short sale.

Broker Price Opinion Resource (BPOR) With the changing real estate landscape and the increased use of broker price opinions (BPOs) by market participants, the BPO Resource certification provides REALTORS® with knowledge and skills to reduce risk, increase opportunities, and create professional BPOs.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232