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If you are a financial institution or an individual and would like to order a professional Broker Price Opinion (BPO)
please fill out the form below. BPO's are to be completed anywhere in Los Angeles, CA or within 40 miles radius
(See the coverage areas below)
If you would like to see the form used to complete the BPO order (s) click here
please fill out the form below. BPO's are to be completed anywhere in Los Angeles, CA or within 40 miles radius
(See the coverage areas below)
If you would like to see the form used to complete the BPO order (s) click here
What is a BPO?
A BPO stands for a "broker price opinion". You can think of it similar to a drive-by type appraisal. BPO's can be
interior or exterior type. Most of them are performed by Realtor's that are hired by third party companies such as
Land Safe or First American to perform the BPO. You have to specifically request INTERIOR or EXTERIOR type
BPO's. The exterior type is almost like an appraisal. The difference is a Realtor is performing it. The third party
company will request the Realtor fill-out several pieces of documentation including:
* Comparable sales sold within last 3-12 months
* A repair list and report based on the condition of the property
* Description of property
* Special requests if the property is vacant, occupied
* Estimate to make the property sale in 90 days
* A Purchase Contract if one is pending to the lender
* County tax information according to location of the property
Why do you need a Broker Price Opinion?
BPO's help lenders determine the value of a home. It provides them with a reliable accurate opinion of a
properties value and what it would sell for instead of an appraisal that will tell the investor what the value may be.
The investor will use a local real estate broker to perform a BPO because they are more familiar with the local real
estate market. The investor wants to know what they would be able to sell the home for within 90 days. This value
may be different then what an appraiser would come up with. Lenders are not in the business of owning real
estate and will work with home owners to help them avoid foreclosure but in the event of a foreclosure the lender
will want to know what they can sell the home for within a certain period of time.
A BPO stands for a "broker price opinion". You can think of it similar to a drive-by type appraisal. BPO's can be
interior or exterior type. Most of them are performed by Realtor's that are hired by third party companies such as
Land Safe or First American to perform the BPO. You have to specifically request INTERIOR or EXTERIOR type
BPO's. The exterior type is almost like an appraisal. The difference is a Realtor is performing it. The third party
company will request the Realtor fill-out several pieces of documentation including:
* Comparable sales sold within last 3-12 months
* A repair list and report based on the condition of the property
* Description of property
* Special requests if the property is vacant, occupied
* Estimate to make the property sale in 90 days
* A Purchase Contract if one is pending to the lender
* County tax information according to location of the property
Why do you need a Broker Price Opinion?
BPO's help lenders determine the value of a home. It provides them with a reliable accurate opinion of a
properties value and what it would sell for instead of an appraisal that will tell the investor what the value may be.
The investor will use a local real estate broker to perform a BPO because they are more familiar with the local real
estate market. The investor wants to know what they would be able to sell the home for within 90 days. This value
may be different then what an appraiser would come up with. Lenders are not in the business of owning real
estate and will work with home owners to help them avoid foreclosure but in the event of a foreclosure the lender
will want to know what they can sell the home for within a certain period of time.
Agoura Hills | Alhambra | Arcadia | Artesia | Avalon | Azusa | Baldwin Park | Bell Gardens | Bellflower | Beverly Hills |
Bradbury | Burbank | Calabasas | Carson | Cerritos | Claremont | Commerce | Compton | Covina | Cudahy | Culver City |
Diamond Bar | Downey | Duarte | El Monte | El Segundo | Gardena | Glendale | Glendora | Hawaiian Gardens |
Hawthorne | Hermosa Beach | Hidden Hills | Huntington Park | Industry | Inglewood | Irwindale | La Cañada Flintridge |
La Habra Heights | La Mirada | La Puente | La Verne | Lancaster | Lakewood | Lawndale | Lomita | Long Beach | Los
Angeles | Lynwood | Malibu | Manhattan Beach | Maywood | Monrovia | Montebello | Monterey Park | Norwalk |
Palmdale | Palos Verdes Estates | Paramount | Pasadena | Pico Rivera | Pomona | Rancho Palos Verdes | Redondo
Beach | Rolling Hills | Rolling Hills Estates | Rosemead | San Dimas | San Fernando | San Gabriel | San Marino | Santa
Clarita | Santa Fe Springs | Santa Monica | Sierra Madre | Signal Hill | South El Monte | South Gate | South Pasadena |
Temple City | Torrance | Vernon | Walnut | West Covina | West Hollywood | Westlake Village | WhittierArleta | Canoga
Park |Chatsworth Encino | Granada Hills | Knollwood | Lake View Terrace | Lake Balboa | Pacoima | Panorama City |
Porter Ranch | Reseda | Sepulveda | Shadow Hills | Sherman Oaks | Studio City | Stonehurst | Sun Valley | Sunland |
Sylmar | Tarzana | Toluca Lake | Toluca Woods | Tujunga| Valley Glen | Valley Village | Van Nuys | Ventura Business
District | Warner Center | West Hills | Winnetka | Woodland Hills
Bradbury | Burbank | Calabasas | Carson | Cerritos | Claremont | Commerce | Compton | Covina | Cudahy | Culver City |
Diamond Bar | Downey | Duarte | El Monte | El Segundo | Gardena | Glendale | Glendora | Hawaiian Gardens |
Hawthorne | Hermosa Beach | Hidden Hills | Huntington Park | Industry | Inglewood | Irwindale | La Cañada Flintridge |
La Habra Heights | La Mirada | La Puente | La Verne | Lancaster | Lakewood | Lawndale | Lomita | Long Beach | Los
Angeles | Lynwood | Malibu | Manhattan Beach | Maywood | Monrovia | Montebello | Monterey Park | Norwalk |
Palmdale | Palos Verdes Estates | Paramount | Pasadena | Pico Rivera | Pomona | Rancho Palos Verdes | Redondo
Beach | Rolling Hills | Rolling Hills Estates | Rosemead | San Dimas | San Fernando | San Gabriel | San Marino | Santa
Clarita | Santa Fe Springs | Santa Monica | Sierra Madre | Signal Hill | South El Monte | South Gate | South Pasadena |
Temple City | Torrance | Vernon | Walnut | West Covina | West Hollywood | Westlake Village | WhittierArleta | Canoga
Park |Chatsworth Encino | Granada Hills | Knollwood | Lake View Terrace | Lake Balboa | Pacoima | Panorama City |
Porter Ranch | Reseda | Sepulveda | Shadow Hills | Sherman Oaks | Studio City | Stonehurst | Sun Valley | Sunland |
Sylmar | Tarzana | Toluca Lake | Toluca Woods | Tujunga| Valley Glen | Valley Village | Van Nuys | Ventura Business
District | Warner Center | West Hills | Winnetka | Woodland Hills
Coverage Areas
Broker Price Opinion - Standard Interior & Exterior;
~ Interior and exterior inspection of subject.
~ Comparable sales and listings including days on market and proximity to property.
~ Interior and Exterior digital photos of subject + street, side, address verification.
~ Marketability, Environmental and Repair Evaluation
~ Comparable photos.
~ As-Is and As-Repaired Valuation.
~ Forecast of property values in the area.
~ Electronic Delivery.
~100% completion rate.
Broker Price Opinion - Standard Exterior;
~ Exterior inspection of subject.
~ Comparable sales and listings including days on market and proximity to property.
~ Interior and Exterior digital photos of subject + street, side, address verification.
~ Marketability, Environmental and Repair Evaluation.
~ Comparable photos.
~ As-Is and As-Repaired Valuation.
~ Forecast of property values in the area.
~ Electronic Delivery.
~100% completion rate.
~ Interior and exterior inspection of subject.
~ Comparable sales and listings including days on market and proximity to property.
~ Interior and Exterior digital photos of subject + street, side, address verification.
~ Marketability, Environmental and Repair Evaluation
~ Comparable photos.
~ As-Is and As-Repaired Valuation.
~ Forecast of property values in the area.
~ Electronic Delivery.
~100% completion rate.
Broker Price Opinion - Standard Exterior;
~ Exterior inspection of subject.
~ Comparable sales and listings including days on market and proximity to property.
~ Interior and Exterior digital photos of subject + street, side, address verification.
~ Marketability, Environmental and Repair Evaluation.
~ Comparable photos.
~ As-Is and As-Repaired Valuation.
~ Forecast of property values in the area.
~ Electronic Delivery.
~100% completion rate.
| Copyright © 2000-2008. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. Wolf Parlar - Realtor Sunset Strip Realty - 9000 Sunset Blvd West Hollywood, CA 90069 Direct: 310-409-3649 Fax: 323-285-5696 |
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Broker Price Opinion (BPO) / Real estate evaluation
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