Agents & Brokers
Keep Working
Real Estate Income performing Broker Price Opinions – BPOs
Banks, Lenders, Asset Managers, AMCs, GSEs pay Agents & Brokers for BPOs. During the shutdown, Agents & Brokers are being paid to do valuation work for:
Agents and Brokers are earning Real Estate income now instead of staying home. After the shutdown, BPO volume will go up.
Even when nobody is buying houses, BPOs stay in demand. The last economy and real estate crash the majority of Agent and Broker income was from BPO performance which led to REO/Foreclosure listings. Many Agents and Brokers survived (even thrived) due to BPO and REO work.
The line is forming now. The longer you wait, the longer the line will get.
Full Members are included in the Real Estate Pricing Network.
A Broker Price Opinion – BPO is a valuation/price opinion report.
Keep working – Performing a BPOs does not violate social distancing requirements & RE valuation work is considered essential.
You can join the RE Pricing Network for free as a basic member today. The RE Pricing Network will get you on the radar screen for BPOs.
Members of NABPOP – the National Association of BPO Professionals – who are BPO Certified – hold the Certified Real Estate Pricing Specialist C_REPS designation. C_REPS is the fast track to getting BPO work. Holding the C_REPS designation will save you time and money both in the short term and long run. Go to the front of the line with the C_REPS designation.
Proper Pricing/Valuation Procedures
Accurate as an Appraiser
Even if you never do a BPO, RE Pricing and Valuation is an Apex Skill which will only make you a better Agent or Broker. Some Brokers required their subordinate Agents to perform BPOs to develop them as Agents. Most un-certified Agents and Brokers only kind of know how to do valuations and pricing. Every Agent and Broker who is serious about Real Estate, in general, should know how to do proper amenity valuations and pricing. Real Estate Pricing is an Apex Skill.
C_REPS are just as accurate as appraisers.
Click here to Learn More about BPOs
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The National Association of Broker Price Opinion Professionals (NABPOP) is a non-profit professional trade association of BPO Practitioners (Real Estate Sales Agents and Brokers) who perform professional Broker Price Opinions BPOs or support the advocacy of BPOs.