Broker Price Opinion
Broker Price Opinions (BPOs) are a specialized type of site-inspections. Although the BPO is only an opinion, it is frequently utilized by lenders and investors to help gauge the value of a property.
All BPOs (Bulk BPOs excluded) are performed and made fully-compliant with the standards set forth in the NABPOP (National Association of Broker Price Opinion Providers) specifications. These specifications have been pivotal in the standardization of the procedures used for this industry activity.
Internal BPO:
Interior inspection of property, internal and external pictures taken, assessment of current market condition, assessment of neighborhood, comparable properties
External BPO:
Drive-by only, only external pictures taken, assessment of current market condition, assessment of neighborhood, comparable properties
Bulk BPO:
Numerical analysis only. Used in the valuation of property portfolios. Properties values are obtained using our proprietary system, MR. PAT © (Multiple Real Property Analysis Tool).
A value you can trust
- Experienced in data analysis and data management
- Licensed real estate brokers with valuable market insight
- Savvy and seasoned with portfolio valuation
→ Contact 123Duty with your next Broker Price Opinion request!