
Introduction video to Broker Price Opinions and why you, as a realtor, should be doing them.
Turn around time is essential, here we break down what to do upon receiving a BPO assignment.
Lecture 2 walks you through the process of signing up with BPO vendors and initial on-boarding tasks needed.
This video will show you how to pull comparable properties and what BPO companies look for in comps. Any rejection can greatly reduce your approval rating, so it's important to submit high-quality comparables each time.
This video will show you how to optimize picture taking for both indoor and outdoor BPOs.
Lecture 6 will show you how to upload the data you have pulled into the BPO portals and submit your work.
There is a giant list of companies that provide BPO for agents but we only use 4 companies: Solidifi, RRReview, Alitsource, Proteck... The full list is below:
1. RRR Review https://www.rrreview.com/ (Highly Recommended)
2. Altisource https://altisource.com/Vendor-Network (Highly Recommended) (If the lock box doesn't work, they will provide a trip fee if you provide mapquest)
3. ServiceLink https://www.svclnk.com/originations/valuations/
4. Pro Teck https://www.proteckservices.com/join-our-network/brokers-agents/
5. Marktomarket (Solidifi) https://www.solidifi.com/
6. Core Logic https://www.corelogic.com/products/bpo-check.aspx
7. BPO Fulfillment https://www.bpofulfillment.com/BpoMgnt/Application.aspx
8. Single Source Property Solutions https://www.singlesourceproperty.com/
9. Clear Capital https://www.clearcapital.com/join-us/appraiser-application/
10. Xome https://vendor.xomevaluations.com/Account/Login?ReturnUrl=%2f
11. Old Republic http://www.oldrepublicdefault.com/Docs/PartnerDocs3-b.pdf
Welcome to "How To Complete A Broker Price Opinion" by 24/7 Real Estate.
In this course you will learn exactly what a Broker Price Opinion is, why you should being doing them and exactly how to complete one from start to finish.
BPO's are a great way for you to make extra money each month, learn your market, and get your name in front of Asset Managers for REO listings.
The course is 100% free and we hope you enjoy learning.