BPOSG - BPO Standards and Guidelines

BPOSG BPO Standards and Guidelines

 

 

 

 

 

 

 

 

 

 


 

 

BPOSG – Broker Price Opinion Standards and Guidelines is a compilation of standards and best practices for BPO practitioners – real estate agents and brokers.  A Broker Price Opinion (BPO) is a report prepared by a real estate agent or broker which details the probable selling price of a house or property.  The standards and guidelines contained in BPOSG are utilized in determining the probable selling price of residential real estate properties.  BPOSG can be thought of as set of quality control measures which adhere to the fundamentals, techniques, procedures, and best practices for real estate price evaluations. 

 

The standards portion dictates what a BPO practitioner must do such as ethics and conduct, disclosures, proper application of techniques etc…  Guidelines are best practices and/or procedures which are widely accepted, yet allow for flexibility in application.  The guidelines contained in BPOSG allow for flexibility in order to meet a diversity of requirements which are needed throughout the valuation industry.

 

NABPOP integrates BPOSG into a BPO Certification process.  NABPOP grants a certification and designation based on knowledge and application of BPOSG and related real estate pricing and valuation techniques, processes, and procedures.

 

The current version of BPOSG is Version 5.0 as of May 10, 2012. BPOSG is a living document and will evolve as the BPO industry evolves. If you would like to be notified when BPOSG version changes, please send an e-mail to BSB@NABPOP.org

 

Input and suggestions are encouraged and welcome. To provide suggestions, please send an e-mail to BSB@NABPOP.org

 


To view BPOSG, (left) click the below link. To download BPOSG, please right click on the below link:

 

The latest version of BPO Standards and Guidelines is Version 5.0 is currently under a periodic validation review and may change as a result of the review. Click here if you wish to provide input for the review.

 

Click here to download BPO Standards and Guidelines Click here for Download Instructions

 

Click here to download changes between BPOSG Version 4.0 to Version 5.0

 

 

Notification of Updates and Reviews

 

To be notified of BPO Standards and Guidelines updates (and reviews), Click here to Provide your Contact Information

 

 

Input and suggestions are encouraged and welcome. To provide suggestions, please send an e-mail to BSB@NABPOP.org

 

BPOSG are copyrighted documents but can be distributed and utilized to the widest extent.