How much does a Bpo Agent make in Chicago, IL? The salary range for a Bpo Agent job is from $47,711 to $58,163 per year in Chicago, IL. Click on the filter to check out Bpo Agent job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.
A BPO stands for Broker’s Price Opinion. Essentially banks try to minimize costs by hiring real estate agents to provide an estimated value for a piece of real estate.
December 20, 2021
If you are licensed, you simply have to sign up with organizations who pay agents and brokers to perform BPOs such as BPO companies, Appraisal Management Companies (AMC), REO asset managers, banks, lenders etc.
December 18, 2021
This BPO inspection is similar to a comparative market analysis that most real estate agents are familiar with.
December 11, 2021
Finally, to become a BPO Agent, you must register with one or more BPO companies and follow up regularly to be considered for current assignments.
December 04, 2021
The other, more costly option, is an Appraisal. An appraisal is provided by a licensed appraisal. Real Estate agents cannot provide an appraisal for value and should never refer to a CMA (Comparative Market Analysis) or BPO (Broker’s Price Opinion) as an Appraisal.
December 02, 2021