Benefits and Advantages of NABPOP membership

If you are currently doing BPOs or REOs and are seeking to expand your BPO and REO business, NABPOP membership is an excellent resource to expand your business.

 

The NABPOP staff often receives feedback, from experienced BPO vendors, that they learned a lot from going through the BPO Education Course and the BPO Certification process. Experienced BPO vendors, that had done thousands of BPOs prior to joining NABPOP, have indicated that there were areas they may not have understood and going through the BPO Education section helped clear up the gray areas. Taking the test also revealed areas that some experienced BPO vendors were not aware of. Experienced BPO vendors have also learned new techniques through the education as well as through networking with other NABPOP members.

 

NABPOP members have access to the most thorough and comprehensive BPO Education system in the industry. As a NABPOP member, you have complete access to the BPO Education section in order to prepare and pass the stringent BPO Certification Test and become BPO Certified. Certified members receive the designation C-REPS - Certified Real Estate Pricing Specialist. BPO and REO companies will often look for and give preference to NABPOP certified vendors.

 

As a NABPOP Member, you are provided a list of BPO and REO companies to sign up with (with all contact information), you are provided with the top BPO industry training in the industry, and ongoing sales support so you can hit the ground running.

Real Estate Professionals, Sales Agents and Brokers, can reap significant benefits from joining NABPOP. NABPOP members receive BPO specific training and special designation as Broker Price Opinion experts.

 

Members of NABPOP enjoy the following advantages:
 

• Education – expanded BPO knowledge and better qualified at BPOs

• Get certified as a BPO Certified Real Estate Pricing Specialist (C-REPS)

• Recognition as a BPO expert

• Increased overall professionalism

• Enhanced credibility

• Improved professional status

• Distinguished

• Increased BPO business, valuation related business, and income

• Get started doing BPOs today by signing up with BPO & REO Companies that are in the Directory of BPO Companies

• Sign up with more BPO & REO Companies - Directory of BPO Companies

BPO Success

 

 

More Information about NABPOP Benefits:

BPO Certification
BPO Education
Directory of BPO & REO Companies
Directory of BPO Professionals - searched by...

      • BPO Companies

      • Real Estate Investors

      • General Public

      • Members

 

Certified Real Estate Pricing Specialist - C-REPS Designation
BPO Orders Available Bulletin Board
BPO Resources
BPO Advocacy
Networking Forums
Suggestion
Member’s Profile

 

 

Certification

 

Certifying an industry’s professionals has always been an integral part of any skilled industry. 

 

The Real Estate industry and the BPO industry are certainly skilled professional industries with the need for certifications.  NABPOP Members distinguish themselves and increase their BPO credibility by obtaining a BPO Certification from NABPOP.
BPO Money

 

NABPOP provides BPO Certification that is recognized in the BPO Industry.  NABPOP Certification includes:

 

 
 

      • BPO Concepts and Principles

      • BPO Process

      • Common arithmetic and BPO calculations

      • Pricing and evaluation Techniques 

   

 

A passing Certification Test score (at least 80% on the Certification Test) will confer a Certification and the NABPOP Designation: C-REPS - Certified Real Estate Pricing Specialist (a Federally recognized and approved Certification Mark). 

 

Education

 

NABPOP has the most complete BPO education that you will find! Become an expert in doing BPOs and evaluating properties.  Sharpen your home pricing skills. The expertise that you acquire from the BPO Education section and Certification process will enhance your Real Estate business.  The skills and requirements for performing accurate BPOs on a regular basis are the skills and practices that make great Real Estate Professionals. 

 

Performing BPOs with proper training will lead to higher quality and accurate BPOs. Performing accurate and efficient BPOs with complete education and certification creates a quality professional who is more proficient and timely in their performance; thus saving the BPO Companies time and gaining a higher reputation with their bank alliances.

 

BPO Education1NABPOP BPO Training and Education is the best and most comprehensive in the industry. The BPO Education is dynamic to meet the requirements of the valuation industry.  NABPOP receives input from valuation providers (BPO and REO companies) QC departments, Vendor Managers, reviewers, and chief appraisers.  NABPOP also elicits input from experienced and the top rated BPO practitioner members as well as the BPO advisory board comprised of educators and highly experienced BPO practitioners. The BPO Education section has evolved and will continue to evolve to meet the dynamic needs of the valuation industry.

 

NABPOP strives to make the most comprehensive and relevant BPO Education as possible.  NABPOP has fully integrated the BPO Standards and Guidelines (BPOSG click here for more details) into the BPO Education Section as well as the BPO Certification Test.

 

The BPO Education is available to members on-line or as a downloadable and printable E-book. NABPOP members can access the BPO Education at anytime.CDEI

 

NABPOP has Certified Distance Education Instructors (CDEI) Accredited by the International Distance Education Center.

 

NABPOP BPO Education Section Includes (but is not limited to):

 

 

• BPOSG - BPO Standards and Guidelines

• BPO Concepts & Principles

• BPO Preparation

• Review BPO Order

• Gather Information & Property Inspection

• Market evaluation

• Distressed Properties

• Accessing Public Records

• Contact Property Owner

• BPO Photos

• Neighborhood Inspection

• Exterior Property Inspection

• Interior Inspection

• Gross Living Area

• Room Count & GLA

• Rating a Property & Amenities

• House Types & Photo Examples

• House Styles & Photo Examples

• Roof Types & Photo Examples

• Comparables

• Comparable Standards and Guidelines

• Lack of Comparables

• MLS Search Techniques

• Adjustments

• Adjust Features

• Time Adjustments – How to appreciate and depreciate

• Determine Feature Value & Paired Sales Analysis

• Determine Appreciation or Depreciation rate

• Application of Appreciation or Depreciation rate

• Superior, Inferior & Equal Comps

• Pricing & Submissions

• Final Property Price

• Reconciliation Process

• Land Value

• BPO Form Common Fields

• Property & Amenity Rating

• Sources of Information

 

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Directory of BPO & REO Companies

Members can utilize the Directory of BPO & REO Companies in order to sign up for more BPO opportunities.  The Directory of BPO & REO Companies has over 90 BPO & REO companies that Members can sign up with. The companies in the BPO & REO Directory have been verified and are legitimate companies. Unfortunately there are companies that promise to pay for valuation services and end up not paying or BPO practitioners have to relentlesly prod some less than reputable companies to pay. NABPOP monitors complaints and removes companies that accumulate complaints.

 

Directory of BPO Professionals  

Members have the option of being included in the Directory of BPO Professionals.  Members can select as large of a service area with no limits to the number of Zip Codes, Cities, and Counties that they choose for their service area.  Members also choose the Directory for which they want their information to appear in, from their Member’s profile.  A Member's information can be included in any combination of directories - at any time simply by updating their profile.  The Directories are geared to be searched by the following groups:

      • BPO and REO Companies/banks/lending institutions/Loan Servicers

      • Real Estate Investors

      • General Public

      • Members

 

BPO and REO Companies search the directory on a regular basis in order to assign BPO jobs and to bring on new Certified Real Estate Pricing Specialist C-REPS.  BPO and REO Companies are always in need of competent and qualified Real Estate Professionals.  The Directory provides the BPO and REO Companies access to the most qualified and current BPO Practitioners.

 

Real Estate Investors search the Directory for Real Estate Professionals to help them locate and purchase investment properties.  NABPOP is marketing to Real Estate Investors and seeking strategic alliances with Real Estate investment organizations to attract Investor traffic to the Directory for Real Estate Investors.  NABPOP markets that a NABPOP Member is a perfect choice to serve Real Estate Investors needs because of the Member’s coverage of their service areas and the their skill at accurately pricing property and property amenities.  The Directory presents a Win-Win situation for Members and to Real Estate Investors. 

 

General Public.  NABPOP markets to the general public, anyone that's looking for a Real Estate Agent or Broker.  NABPOP is achieving a strong web presence on the search engines and in various forms of advertising.  NABPOP markets the skills and experience of its Members to the General Public.

 

Members can search for other Members in the Directory. Increase your BPO and REO network by utilizing the Directory of Members.

 

Designations

A Full Member receives the designation Real Estate Pricing Specialist (REPS) until they become BPO Certified.  Once certified, the member is conferred the designation C-REPS - Certified Real Estate Pricing Specialist .

(formerly CPV designation a Federally recognized Certification Mark)

 

Designations available to Full Members:

C-REPS – Certified Real Estate Pricing Specialist (upon certification)
REPS –Real Estate Pricing Specialist

 

Add credentials to your marketing materials. NABPOP members are authorized to utilize the C-REPS designation as well as NABPOP member logos.

 

BPO Advocacy

NABPOP is a strong advocate of BPOs, the BPO industry, and BPO practitioners. NABPOP tirelessly participates in political actions which protect and advance the BPO industry. Click here for more information about BPO Advocacy. The more BPO practitioners who are members of NABPOP and BPO certified, the stronger our collective political voice becomes. Membership dues support agents rights and the political advocacy of the BPO industry. NABPOP membership directly supports the BPO industry.

 

BPO Orders Available Bulletin Board

BPO Companies post BPO Orders that are available on an electronic Bulletin Board that members search regularly.  If a BPO Company is in need of a BPO Practitioner in a specific area, the Bulletin Board instantly gives them a large audience of BPO Practitioners.  Members scan the Bulletin Board for BPO Orders and/or other opportunities. Numerous NABPOP members have become BPO vendors for companies by replying to BPO Bulletin Board posts.

 

BPO Resources

The Member’s Resources area is filled with tips and techniques, sources of information, suggested scripts for dealing with property owners, check lists, BPO glossary, appropriate BPO language, rating schemes, and many other resources.  NABPOP will continue to add to the resources to bring Members a robust assortment of resources to increase efficiency and professionalism.

 

Professional E-mail Forums (chat groups)

Members can network with other BPO professionals to share knowledge, experience, tips, techniques, and to communicate.  If a Member has a question, finds themselves in a tricky situation, or has an experience that they want to share, they can find support in the forums.  As a member, you can also search the archives for previous forum postings and subjects.  The Professional forums are an excellent resource for Members.

 

Suggestions

NABPOP is very open to the suggestions and feedback from the Members.  The power of an association is the harnessing of resources into synergies.  NABPOP views the experience and knowledge of the Members as an excellent and vital resource and is very open to receiving feedback and suggestions.

 

Member’s Profile

The information that is displayed in the Directory can be updated by the Members at any time.  Members can update their contact information, designations, degrees, and specific comments “about me” (for marketing and selling themselves) for each type of Directory that the Member chooses.

 

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