Broker Price Opinion, Price It Right!

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The Price is Right! –Tips to Make Your BPO Stand Out

Focused on Real Estate!

Marki Lemons-Ryhal marki_lemons/

@Marki_Lemons MarkiLemons

Focused on Real Estate!

BPOs

BPOs Are generally prepared for banks Is and estimate of probable sales price Prepared by REALTORS® Report must comply with ordering

company guidelines No undue influences imposed by ordering

company or agents

BPOs: The Agent's Role in the Valuation Process

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Focused on Real Estate!

“In Illinois, nothing in the Act shall prohibit a person who holds a valid license under the Real

Estate License Act of 2000 from performing a comparative market analysis or broker price opinion for compensation, provided that the person does not hold himself out as being a

licensed real estate appraiser”.

Focused on Real Estate!

Focused on Real Estate!

Real Estate Is A Local Business

One street name in two separate locations

Focused on Real Estate!

Apples to Apples

Condo Conversion

New Construction Condo

Focused on Real Estate!

www.mredllc.net

My New BFF

REALIST

Focused on Real Estate!

Room Count Guidelines

A room does not have to have a minimum square foot qualification

A room without a closet is countable as a bedroom

Focused on Real Estate!

Know More Than Anyone

Focused on Real Estate!

YouTube-Private Video for Loss Mitigation

A Picture is Worth a Thousand Words and

A Video is Worth 1,000 Pictures

Focused on Real Estate!

What does History Tell You?

Focused on Real Estate!

Focused on Real Estate!

www.chicagorealtor.com 8/22/2012

Focused on Real Estate!

Thank you

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