DL/ Broker Price Opinions – The Nuts & Bolts
Unlocking the Secrets of Broker Price Opinions: A Must-Know for Real Estate Professionals
Master the Nuts & Bolts of Broker Price Opinions in 3 hours!
This three-hour continuing education course provides an in-depth look at Broker Price Opinions (BPOs) and their role in real estate transactions. BPOs are a popular alternative to traditional property appraisals, and are commonly used by lenders, asset managers, and real estate agents to determine a property’s market value.
The course covers the basics of BPOs, including the different types of BPOs, how to prepare a BPO, and how to use a BPO to evaluate market conditions. Students will also learn about the legal and ethical considerations involved in preparing BPOs, as well as how to effectively use BPOs in real estate negotiations.
Through real-life case studies and examples, students will gain a deeper understanding of how BPOs can be used in various real estate scenarios. This course is ideal for real estate agents, appraisers, and other professionals who want to enhance their knowledge of BPOs and their application in real estate transactions.
At the end of this course, you will;
- Understand the basics of Broker Price Opinions
- Learn about the different types of BPOs
- Develop skills in preparing BPOs
- Understand the legal and ethical considerations involved in preparing BPOs
- Learn how to use BPOs in real estate negotiations
- Gain insight into the application of BPOs in various real estate scenarios
This course is a 3-hour Maryland Continuing Education Elective
Category: F – Professional enhancements for practicing licensees