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BBB Accredited Business
NY Department of State Approved

The Value of BPO's - Broker Price Opinions

A 3.75 hour class approved by the NY Deptartment of State for real estate continuing education credits.

Course Info & Registration


Available Class Dates and Times:

click here for continuing education schedule for this course

 

Value of BPO's: $90 (promotional offer)

Course approved for 3.75 hours of continuing education.

Register for the Premium Package 		 

Click Here for complete continuing education schedule

About The Course

This 3.75-hour class will teach you about BPO's (Broker Price Opinions)

Course Topics

Among the many topics, this class will include:

  1. BPO Defined
    1. BPO-vs-Appraisal
    2. BPO-vs-CMA
    3. BPO-vs-MSR
    4. Interior Inspections
    5. Exterior/Drive-by Inspections
    6. AS-IS Valuation
    7. Fair Market Valuation
    8. AS-IS Repaired Valuation
    9. Probable Sales Price
    10. Suggested List Price
    11. BPO Risk Management
    12. Typical BPO Fee Structure

 

  1. PURPOSE – Why BPO’s Are Ordered
    1. Short Sales
    2. REO Marketing And Pricing Strategies
    3. Bulk Institutional Sales
    4. Relocation
    5. Pre-Foreclosure Evaluation
    6. Legal Disputes: Matrimonial, Business and Tax Appeal
    7. Mortgage Fraud
    8. Seller Pre-Marketing
  1. Methodology and Guidelines
    1. Selecting Comparables-Sold and Listed
    2. Bracketing
    3. Calculating Adjustments
    4. Determining Condition
    5. Functional Obsolescence
    6. Environmental, Structural, Mechanical and Cosmetic Issues
    7. Percentage of Homeowners -vs- Renters
    8. Percentage of REO’s -vs- Homeowners
    9. Percentage of New Construction
    10. Percentage of Short Sales
    11. Urban, Suburban and Rural Settings
    12. Neighborhood Geographic Boundaries
    13. Narrative Regarding Subject And Neighborhood
    14. Proper Photos

 

About The Instructor

Nancy Mosca with special guest speaker and former Trump University coach/mentor Stephen Gilpin.  

Locations

Manhattan Branch

132 West 36th, 2nd Floor
New York, NY 10018
*Use entrance at 139 West 35th St. on nights and weekends (Between 7th and Broadway, North Side of Macy's) Phone: (212) 967-7508
Directions

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