Broker Price Opinions
At FAS we focus on the essential elements of the Broker Price Opinion (BPO) by leveraging proven technology to save time, labor and costs. All orders are assigned to our panel of licensed real estate agents that are approved through our vetting process. Orders are assigned to our graded agents based on proximity, current number of open assignments and average turn time. As orders are being completed through our on-line platform, checks and balances are being performed. Additionally, our quality review team completes a second tier review prior to our final third tier in-house appraiser review.
- Average turn time is approximately 3 days
- Same day and 24-hour rush BPOs are available
- Variance explanations provided when previous and present orders vary above predetermined thresholds
- Photograph of house number included with the subject photos to confirm property identification
- Location map identifying the subject and comparables is included
- Process-driven quality control procedures