Broker Price Opinions (BPO)
Brokers Price Opinion (BPO) is the essential alternative valuation tool for financial institutions. Locally licensed real estate professionals that know the local market trends perform the BPO. These licensed real estate professionals are also able to produce a more detailed observation of the valuation. The standard Brokers Price Opinion guideline follows the Freddie Mac and Fannie Mae valuations guidelines.
Sea to Sky Realty offers Broker Price Opinions for real estate lenders, financial institutions, and Wall Street investors nationwide. With a variety of BPO and Asset Valuation Management (AVM) Products, we will make every attempt to accommodate your specific valuation needs. In addition, we also offer a complete solution to REO management, marketing and disposition of single, multi-family residences, land, and commercial properties. We can sell properties faster and efficiently. With its technology, nationwide qualified REO agents, and proven management expertise, we are able to reduce losses and decrease recovery time.
- Drive-By BPO – is the essential valuation tool for financial institutions currently pursuing home equity lines of credit, refinancing, loss mitigation and collection efforts. Locally licensed real estate professionals that know the local market perform the BPO. Licensed real estate professionals are also able to produce a more detailed observation of the valuation. The standard BPO guideline follows the Freddie Mac and Fannie Mae valuations guidelines.
- Interior BPO – This 3 page report provides a detailed value of the property with interior and exterior photos. This report is similar to an appraisal but less expensive. Our clients commonly use this for Appraisals Reviews, and 2nd Broker Price Opinions.
- Appraisals – This report is produce in a single family residence as an REO Appraisal reflecting property condition, damage report, and cost of repairs for an “as is” value as well as a repaired value.
- BPO/AVM Synergy™ – This report is available as an exterior or interior version. It combines the BPO and an AVM to produce a real estate valuation more detailed than a traditional AVM. As an exterior form, the client will receive a value with 3 sold comparable, 3 active comparables, a front exterior photo of the property, street view and the range of values.
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Sea to Sky Realty
Axel & Bea Weiss