Broker Price Opinion
There are a number of circumstances in which a competitive market analysis of a property is desired yet a formal appraisal is not required. In these instances, a Broker Price Opinion (BPO) service is ideal.
The BPO report contains information from a drive-by exterior examination, external data sources, previous sale data, property assessment data, recent comparable sales and current neighborhood listings, as well as a photograph(s) of the subject property.
The BPO includes a fair market opinion of value. Photographs include subject and street scene photographs.