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www.MarkiLemons.com The Price is Right! – Tips to Make Your BPO Stand Out

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Page 1: Broker Price Opinion, Price It Right!

w w w . M a r k i L e m o n s . c o m

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

Page 2: Broker Price Opinion, Price It Right!

Focused on Real Estate!

Marki Lemons-Ryhal marki_lemons/

@Marki_Lemons MarkiLemons

Page 3: Broker Price Opinion, Price It Right!

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

3

Page 4: Broker Price Opinion, Price It Right!

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”.

Page 5: Broker Price Opinion, Price It Right!

Focused on Real Estate!

Page 6: Broker Price Opinion, Price It Right!

Focused on Real Estate!

Real Estate Is A Local Business

One street name in two separate locations

Page 7: Broker Price Opinion, Price It Right!

Focused on Real Estate!

Apples to Apples

Condo Conversion

New Construction Condo

Page 8: Broker Price Opinion, Price It Right!

Focused on Real Estate!

www.mredllc.net

My New BFF

REALIST

Page 9: Broker Price Opinion, Price It Right!

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

Page 10: Broker Price Opinion, Price It Right!

Focused on Real Estate!

Know More Than Anyone

Page 11: Broker Price Opinion, Price It Right!

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

Page 12: Broker Price Opinion, Price It Right!

Focused on Real Estate!

What does History Tell You?

Page 13: Broker Price Opinion, Price It Right!

Focused on Real Estate!

Page 14: Broker Price Opinion, Price It Right!
Page 15: Broker Price Opinion, Price It Right!
Page 16: Broker Price Opinion, Price It Right!

Focused on Real Estate!

www.chicagorealtor.com 8/22/2012

http://www.chicagorealtor.com/
Page 17: Broker Price Opinion, Price It Right!

Focused on Real Estate!

Thank you

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