Broker Price Opinion Reports
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Broker's BPO Forms with Exclusive Opinion Support System
Licensed real estate brokers have the credentials to produce credible broker price opinions... However, comprenhensive BPO forms are not available...Also and more importantly, although REALTORS® understand the difference between the CMAs and the BPOs, there is considerable confusion within the residential loan origination and collateral management industry... For many collateral management applications the AMCs are producing CMAs and marketing them as BPOs to their clients... And, their fees to REALTOR® vendors for completing CMAs are low...Watch YouTube video for complete details... for all the federal laws...In residential mortgage industry the broker price opinions are needed for - loan refinancing, HELOC, loan modification, PMI removal, cash out, home improvement loans, short sales, auctions, foreclosures, etc.Licensed salespersons could also complete broker co-signed BPOs. The N.A.R Code of Ethics contains provisions for REALTORS® to complete CMAs and to prepare opinions of real property value or price. Residential valuations (BPOs, CMAs, and appraisals) serve the needs of home sellers and home buyers as well.For example, State of Pennsylvania passed a law in August 2018 requiring broker's signature on every salesperson prepared BPO report.Our broker price opinion forms package will facilitate genuine broker price opinion reports from licensed real estate brokers... More complete and highly credible...Buy Now!
(One time charge... No recurring fees... Free updates for 1 year...)Broker Price Opinion Forms Package: Set of two Broker Price Opinion (BPO) forms (15 pages each), based on standard Fannie Mae and Freddie Mac 2-page forms, showing critical information that needs to be included in a credible Broker Price Opinion report. What is included: Fannie Mae Standard Form, Freddie Mac Standard Form, and Opinion Support System Form. Also included is a complementary copy of key federal legislation (described below).All forms are available in Adobe PDF format (filled using a PDF form filler) or Microsoft Word format (fillable Word files). Watch video for overview:
Complementary copy of key federal legislation is included. These laws are: (1) Subtitle F (Title XIV) of Dodd-Frank Act of 2010, (2) Title XI of FIRREA of 1989 (both the original version of 1989 and its amended version of 2010 that includes the provisions of the Dodd-Frank Act), and (3) Provisions in Code of Federal Regulations, Title 12, Section 226.42 that covers valuation independence and conflicts of interest. These laws are governing the use of valuations in the residential real estate industry. (FIRREA stands for Financial Institutions Reform, Recovery, and Enforcement Act)
(If you, as a licensed real estate broker, decide to compile a comprehensive form you can do it. However, it will take many hours of effort and experimentation on numerous valuation assignments. You will wind up including some features and some more and then taking some out, and so on until everything fits logically. Ultimately you will put together about a 15 page template for Exterior BPO and a few more pages for Interior BPO that will parallel ours. The time and cost of your compiling a comprehensive form will be prohibitive. Our forms package will give you a tremendous advantage and an opportunity to add your branding.)
Attention: The Adobe PDF forms can be filled using PDF form filler software, online or desktop. Numerous free PDF form fillers are available. A quick and easy method is to use fill & sign option in the latest version of Adobe Acrobat Reader. Try it: Download (1) Adobe Reader, (2) Sample form, and (3) Test.
The Microsoft Word forms come with fillable fields for entering text and images. These are stand alone and do not require any form filler. Also, sums of adjustments and repairs costs are built in. Of course, Word files are easily converted to pdf for delivery.
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A. Broker Price Opinion Forms Package (Word)
(Forms in Microsoft Word format)
Fannie Mae Standard Form
Freddie Mac Standard Form
Opinion Support System Form
Complementary Copy of Key Federal Legislation
(For individual and single office use)
Fannie Mae Standard Form
Freddie Mac Standard Form
Opinion Support System Form
Complementary Copy of Key Federal Legislation
(For individual and single office use)
$ 97.50
B. Broker Price Opinion Forms Package (PDF)
(Forms in Adobe PDF format)
Fannie Mae Standard Form
Freddie Mac Standard Form
Opinion Support System Form
Complementary Copy of Key Federal Legislation
(For individual and single office use)
Fannie Mae Standard Form
Freddie Mac Standard Form
Opinion Support System Form
Complementary Copy of Key Federal Legislation
(For individual and single office use)
$ 97.50
C. Broker Price Opinion Forms Package (Corporate)
(Forms in Adobe PDF and Microsoft Word formats)
Fannie Mae Standard Form
Freddie Mac Standard Form
Opinion Support System Form
Complementary Copy of Key Federal Legislation
(For headquarters and multiple branch office use)
Fannie Mae Standard Form
Freddie Mac Standard Form
Opinion Support System Form
Complementary Copy of Key Federal Legislation
(For headquarters and multiple branch office use)
$ 495.00
Broker Price Opinion Forms Package is a comprehensive compilation that every licensesd real estate broker must have.
Available to licensed salespersons, lenders, bankers, and REO companies too!
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A genuine Exterior BPO from a licensed real estate broker should command a fee of $150+.
Interior addendum and finished square footage measurement are extra.
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Standard 2-Page Forms
Standard 2-Page Forms
Fannie Mae Freddie Mac
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Phone: (714) 283-2578
(Website is owned by Shailendra Parikh, Ph.D., GRI, who is a Licensed Real Estate Broker, CA DRE #01758834, Broker Associate, REALTOR®, and who has completed N.A.R.-BPOR and NABPOP-C-REPS Certifications and hundreds of paid CMAs for numerous AMCs as a Licensed Salesperson.)