Why should an agent/broker do BPOs
Most Real Estate agents and/or brokers perform BPOs to supplement their real estate income. BPOs are a very reliable and consistent source of income for real estate agents and brokers. Even agents and brokers, who don’t necessarily need to augment their real estate income, perform BPOs to stay on top of their market, keep their valuation and pricing skills sharp, and for the marketing opportunities which are presented while they are in the neighborhoods completing BPOs.
Some of the many benefits agents and brokers enjoy performing BPOs:
- Receive Income
- Opportunities for listings (REO, foreclosure, short sale)
- Marketing Opportunities
- Increased Skills as a Real Estate Professional
- Become a more Proficient and knowledgeable Real Estate Professional