How to get Broker Price Opinion work?
Updated: Dec 16, 2019
Broker Price Opinions are mostly asked by financial institutions such as banks, loss mitigation
companies and mortgage companies. The BPO is performed by Real Estate Brokers, who inspect the property on behalf of the financial institution and submit the BPO. However, most banks and financial institutions do not provide BPO orders directly to the Real Estate Brokers, nor can the brokers normally apply for BPO work, directly to the banks. Instead, Nationwide companies such as Mortgage Contacting Services (MCS), SingleSource, and Servicelink are given the task of handling the BPO orders in each State and any broker who wants to get BPO work has to apply to them.
Keeping this in mind, we have added a list of companies, along with their site links, from whom you can get Broker Price Opinion Work in 2018:
When applying for Broker Price Opinion work, be prepared to provide documents such as E&O insurance, Broker licence information, Coverage area, etc.
Hope this Article helps!
If you are Real Estate Broker or Asset Management Company and complete Broker Price Opinion or Comparative Market Analysis, you can check out our BPO/CMA Data Entry Services.