BPO Course Topics

  • NABPOP BPO Course include (but are not limited to):
    • BPOSG – BPO Standards and Guidelines
    • BPO and Valuation Concepts & Principles
    • BPO Preparation
    • Techniques to review BPO Orders – Do’s and Don’ts
    • Gather Information & Property Inspection
    • Market evaluation
    • Distressed Properties
      • REO
      • Foreclosures
      • Short Sales
    • Sources of Information analysis
      • Public Records
      • MLS techniques
    • Property Owner protocols
    • Photo Requirements & Techniques
    • Accurate Amenity Valuation
      • Analysis techniques
      • Paired Sales Analysis
    • Inspections:
      • Neighborhood Inspection
      • Exterior Property Inspection
      • Interior Inspection
    • Gross Living Area evaluation
    • Room Count & GLA
    • Rating a Property & Amenities
    • House Types & Photo Examples
    • House Styles & Photo Examples
    • Roof Types & Photo Examples
    • Comparable Evaluation
      • Superior, Inferior & Equal Comps
      • Comparable Standards and Guidelines
      • Lack of Comparables
    • Adjustments
      • Adjust for Features & Amenities
      • Time Adjustments
      • Determine Feature Value & Paired Sales Analysis
    • Determine Accurate Appreciation & Depreciation rates
    • Application of Appreciation or Depreciation rate
    • Develop final Price Opinion & Submission
    • Reconciliation Process
    • Land Value
    • BPO Forms – Common Fields
    • Property & Amenity Ratings
    • Practical Exercises
      • Adjustments
      • Determine Appreciation & Depreciation
      • Paired Sales Analysis
      • Superior, Inferior, Equal
      • Calculations
        • Percentage Change
        • Annual Appreciation/Depreciation
        • Adjustments