Broker Price Opinion Workshop XCLUSIVE HOMES WELCOME Broker Price Opinion Workshop

BPO Broker price Opinion A BPO (Broker Price Opinion) is a pricing tool utilized by the real estate industry to determine a probable selling price and time of a particular piece of real estate property and provides a varying level of detail about the property's conditions, market and neighborhood and information on comparable sales, but does not include an automated valuation model. A BPO is a market value and not an appraisal.

Why Training and Certified Broker Price Opinion Resource (BPOR) The BPOR certification provides REALTORS® with knowledge and skills to perform accurate and professional broker price opinions (BPOs) and comparative market analyses (CMAs), while reducing risk and increasing opportunities.

Market Segments Field Asset Verification Exterior “Drive By” Inspection BPO Interior “Full” Inspection BPO Investment Value

Property Type & Style

Property Condition Poor Fair Average Good Excelent

Neighborhood & Market Conditions Crime Rate Declining market Increasing Market Stable Market PREDOMINANT OCCUPANCY VACANCY RATE Neighborhood Value Trend

Choosing the Right Comparables

Determining the Value Bracketing Normal Market time Economic conditions Location Functional Obsolescence View

Photos

The right Shot !

TAKE ACTION

REQUIRED DOCUMENTS E&O Insurance Resume Coverage Area References Certification * Real Estate license and Broker license * Test may applicable*

Platforms

REVIEW Individual Compensation Photo compensation from the office BPO Example presentation Q&A