A broker price opinion (BPO) is a real estate appraisal document written by a qualified real estate professional. In Florida, BPOs are commonly used to determine the current fair market value of a property for purposes of making decisions on short sales or loan modifications.
Table Of Content:
- Understanding Florida Property Valuation - South Florida Law, PLLC
- $28k-$91k Broker Price Opinion Jobs in Florida - ZipRecruiter
- Broker Price Opinion - FLORIDA MLS
- A Broker's Price Opinion (BPO)
- State Laws Affecting the Performance of Appraisals/BPOs/CMAs ...
- Florida Laws and Federal Laws Regarding Appraisals for Real ...
- Designations and Certifications
- What is a Broker Price Opinion? | LendingTree
- Statutes & Constitution :View Statutes : Online Sunshine
- Broker's price opinion - Wikipedia
1. Understanding Florida Property Valuation - South Florida Law, PLLC
https://www.southfloridalawpllc.com/understanding-florida-property-valuations/
Jan 2, 2021 ... A broker price opinion, or BPO, is a property dossier that includes the professional estimation of a property's value based on a real estate ...
2. $28k-$91k Broker Price Opinion Jobs in Florida - ZipRecruiter
https://www.ziprecruiter.com/Jobs/Broker-Price-Opinion/--in-Florida
Browse 29 FLORIDA BROKER PRICE OPINION job ($28K-$91K) listings hiring now from companies with openings. Find your next job opportunity near you & 1-Click ...
3. Broker Price Opinion - FLORIDA MLS
http://www.mls-flatfee-bpo.com/broker-price-opinion.html
Commercial Desktop BPO/BOV fees range from $750.00 to $10,000.00 and are available in most area's. ... up to 5 photos. Commercial Interior BPO/BOV fees range from ...
4. A Broker's Price Opinion (BPO)
https://activerain.com/blogsview/4736220/a-broker-s-price-opinion--bpo-
Aug 31, 2015 ... A broker's price opinion (BPO) is a written opinion of the value of real property. Florida real estate licensees are allowed to prepare and ...
5. State Laws Affecting the Performance of Appraisals/BPOs/CMAs ...
https://www.appraisalinstitute.org/assets/1/29/BPO_State_Laws_01022019.pdf
Jan 2, 2019 ... Offering a broker price opinion is considered real estate ... not preclude a Florida licensed real estate broker, sales associate, or broker.
6. Florida Laws and Federal Laws Regarding Appraisals for Real ...
https://www.floridarealtors.org/law-ethics/library/Appraisals
Jul 11, 2022 ... A look at the various Florida laws and U.S. laws dealing with real estate appraisals, including sharing, broker price opinions, ...
7. Designations and Certifications
https://www.nar.realtor/education/designations-and-certifications
The Certified Real Estate Brokerage Manager (CRB) is one of the most respected and relevant designations offered in ... Broker Price Opinion Resource / BPOR.
8. What is a Broker Price Opinion? | LendingTree
https://www.lendingtree.com/home/mortgage/broker-price-opinion/
Nov 22, 2021 ... An appraisal is not the only way to value a home — there's also a method called a broker price opinion. It's cheaper and faster, ...
9. Statutes & Constitution :View Statutes : Online Sunshine
http://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&URL=0400-0499/0475/Sections/0475.612.html
(2) This section does not preclude a Florida licensed real estate broker, ... gives a price opinion, or gives an opinion of the value of real estate.
10. Broker's price opinion - Wikipedia
https://en.wikipedia.org/wiki/Broker%27s_price_opinion
A broker's price opinion (BPO) is a report performed by a licensed real estate agent, broker, or appraiser. A BPO is an informal appraisal. It is similar to ...
What is a Broker Price Opinion in Florida?
A Broker Price Opinion (BPO) in Florida is a real estate appraisal document written by a qualified real estate professional which is used to determine the current fair market value of a property.
Who uses a Broker Price Opinion in Florida?
In Florida, BPOs are commonly used by banks and other lenders to make decisions on short sales or loan modifications. They are also often used by insurance companies for underwriting purposes.
What information does a Broker Price Opinion provide?
A BPO provides an analysis of the subject property including factors such as its size, location, condition, features, neighborhood comparables and current market trends. It also provides an estimate of the property's fair market value as determined by the appraiser.
Conclusion:
A Broker Price Opinion in Florida is an important tool for lenders and other professionals to determine the fair market value of properties when making financial decisions related to them. With an accurate BPO report in hand, decision makers can be confident that they have accurate and up-to-date data regarding their investments.