The BPO, or Broker Price Opinion, is the chosen tool used by Mortgage
Servicers, Lenders, Asset Management Companies, Banks and Credit Unions to ‘Price’
a property in the current market. The reasons and timing for using a real
estate broker or agent for a BPO might include:
· Fast TAT – days not
weeks.
· Brokers know the
market of the subject.
· Late & missing
payments.
· Pending foreclosures.
· Determine PMI needs –
in some states.
· Much lower costs
then
an appraisal.
BPO or Broker Price Opinions and CMA or Comparative Market Analysis
are both used – Neither is an appraisal and are not being marketed as a
replacement for an appraisal. When your needs require an appraisal, please
search for and use a state licensed certified general appraiser.
REO & BPO Broker Experts
Asset Managers,
use REO-BPO-Brokers.com to find the right
experienced, knowledgeable and trusted
REO BPO Real Estate Brokers
and Agents to manage, prep and sell your assets.
We police ourselves as well. If you, our client, work with any of us by way of our network, and your experience is not what you desired, collectively we will help a member get on track if at all possible.
We have collectively completed worked on all platforms and for all clients, and have found out the nuances of each particular company and share with each other on a regular and open basis.
What extra fees does this add to our clients - zero.
Perhaps your company is a small Bank or Lender, with assets in an area where we have a member, and your needs are simple. Then we can put you in direct contact with the member - and your company saves money and the process is hastened.
You might also be a large bank, lender, or Asset Management Company that is always looking for the top brokers for your assets. You already know how costly inexperience is in time and money, and you would like to harness the full power of REO-BPO-Brokers.com. What does it cost you extra - nothing.
As this is a new website for our group - please excuse the brevity at this time.
Please email Don Price and let him know where you need an experienced broker, how many properties are involved for REO and/or BPO, and how you can be directly contacted. He will search our network and have the Broker in that area contact you. reo.bpo.brokers@gmail.com
Asset Managers - don't be afraid of contacting us for fear of being exposed to an array of REO BPO seekers. We will of course champion our members to you in all areas we have in common, but never expose you to outside sources of any type. You are safe with us.
Prospective Clients please email your information to: reo.bpo.brokers@gmail.com
Real Estate Brokers and Agents - This is an invitation only membership. If you are experienced in REO and BPO - please list time in REO business, Number of REO listed and sold, all contact information and the service area you cover, must have MLS membership. Send a list of zip codes in numerical order and delimited. Send your application to this email address only: reo.bpo.brokers.app@gmail.com
We're Not: Your typical organization that solicits any real estate licensee to perform a Broker Price Opinions or Competitive Market Analysis's offering their members hopes of obtaining Real Estate Owned Bank Foreclosed Properties.
We're Not: An organization or association that sells limited membership based on geographical or zip code areas.
We're Not: A website based data base that sells access to our membership while at the same time collecting fees from out members.
We're Not: The typical inexperienced Brokers and Agents hounding you for your business.