BPO Standards and Guidelines
Roadmap to consistent, high-quality reports
Long known for providing the industry's highest quality Broker Price Opinions (BPOs), Clear Capital™ has participated with other BPO industry leaders, experts and real estate professionals to develop a set of standards and guidelines to better ensure BPO consistency and quality industry-wide.
The BPO Standards and Guidelines (BPOSG) are composed of "must follow" standards, and widely accepted guidelines that allow for flexibility in application. They don't replace customer specifications, but do safeguard consistency and high quality by setting clear expectations for the professionals completing BPOs.
- The BPOSG establish expectations for:
- Ethical conduct and competency
- Photo requirements and guidelines
- Comparable selection and use
- Definitions and applicability of market, property and neighborhood terms
The BPOSG were developed by the BPO Standards Board which consists of BPO industry leaders, experts and real estate professionals, in conjunction with the National Association of BPO Professionals. A diverse selection of BPO companies and leaders cooperated for the development of the BPOSG demonstrating how committed we are to furthering the BPO industry and supporting those who are employed throughout the mortgage and lending industries.
For more information, please contact us today.
Phone: 530.550.2525
E-mail: info@clearcapital.com
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