BPO Quality and Condition Guidelines

Below is a copy of a useful guideline to have consistent guidelines when noting or adjusting for BPO Quality or Condition. While many agents still predominantly use Good, Average, Excellent, as the descriptors, its becoming difficult to interpret. One agents opinion of Fair maybe another agents Good. The guidelines below are to give you a potential break down of some standards that are circulating to be used when completing Broker Price Opinions. At the end of the day though, A Broker Price Opinion is just that. An opinion. Good Luck.

BPO Condition Ratings Instructions