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What is broker price opinion?

broker price opinion (BPO)

The broker price opinion (BPO) is a written estimate of the probable sales price of a property performed by a real estate broker or sales person with or without an interior property inspection. Commonly used for quality control and loss mitigation.

See links below for more Glossary Terms:

E-3, Glossary of Fannie Mae Terms: A thru K

E-3, Glossary of Fannie Mae Terms: L thru Z

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