Florida Market Analysis

Are broker price opinions reducing the value of your home?  The lender will often rely on a broker price opinion to determine at what price they will sell their REO property.  Tampa Bay Online wrote an interesting article discussing this issue. 

I have heard of BPOs being conducted without the agent ever stepping foot into the house.  I believe a BPO is only as good as the agent assigned the task and should never take the place of an appraisal to determine real value.

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