Our professional REALTORS® routinely prepare Broker Price Opinions (BPO's), Comparative Market Analysis (CMA’s) or Sales Price Estimates when pricing properties for sellers…..or buyers when we have a Buyer Representation agreement in place. We also prepare BPO's for owners for their use in preparing personal financial statements and for estate valuation purposes, as well as during negotiations for right-of-way, easement, eminent domain and condemnation processes.
Our BPO clients have included attorneys, commercial banks, credit unions, real estate valuation companies, mortgage lenders, trust departments, insurance companies, individuals, companies, estates, institutional land investors, district courts, bankruptcy courts, asset management companies, school districts, economic development corporations, county and city governmental entities, relocation companies, default service companies, and property management companies.
BPO's are far less expensive, but not as detailed, as appraisals prepared by State Certified General Appraisers, or State Licensed Residential Appraisers.
As required by law, the following disclosure will be included in all of our BPO's:
“This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice.”
Please send us an email, or give us a call, to determine:
1) whether we can accept the order or not,
2) the fee for this BPO service, and
3) the estimated time required to complete the order.
All information you provide is secure and will be kept strictly confidential.
If we exlusively list your property for sale within 30 days of completing the BPO, the BPO fee will be reimbursed.