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BPOs: The Agent's Role in the Valuation Process
Topics: Broker Price Opinion, Buyer Representation, Foreclosure, Short Sales
Designations & Certifications: Accredited Buyer's Representative (ABR®), Broker Price Opinion Resource
Affiliation: REBAC
Format: Classroom, Online
Broker Price Opinion Course Outine

Course Credits: Counts as one REBAC elective course to be applied towards the ABR® Designation

Duration: 1 Day

Format: Classroom

Whether you are experienced at preparing broker price opinions or are new to the business, this brand-new course from NAR will provide you with the knowledge and skills to reduce your risk and increase your opportunities by creating professional and accurate BPOs.

Course Outline

Module 1: Roles and Responsibilities

  • Learning Objectives and Overview
  • Multiple Uses of BPOs
  • BPOs and CMAs
  • License Laws
  • Code of Ethics
  • Determining Competence
  • Company Policies and Risk Management
  • Record Retention
  • Summary of Module 1

Module 2: Tools

  • MLS
  • Public Records
  • REALTORS® Property Resources (RPR)
  • Automated Valuation Models (AVMs)
  • Other Resources
  • Exercise
  • Summary of Module 2

Module 3: BPO Assignment

  • Valuation Terminology
  • Exercise on Drive-bys
  • Managing Confidential Information
  • Exercise
  • Lockbox Access
  • Choosing Appropriate Comparables
  • How Adjustments Are Determined
  • Other Factors in Determining Market Value
  • Photo Specifications
  • Summary of Module 3

Module 4: Putting It All Together

  • BPO Elements
  • Exercise: Complete a BPO
  • Debrief Exercise

Conclusion

  • Key Learning Points of the Course
This course is available online through REALTOR University Click here for registration
DateCompanyInstructorLocationRegister
05/24/2013 Middle TN Association of Realtors Murfreesboro TN 615-893-2242
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05/28/2013 Superior School of Real Estate Charlotte NC Register Online
704-944-4260
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05/29/2013 Northeast Florida Association of REALTORS® Richard Fryer Jacksonville FL 904-394-9494
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05/29/2013 IFREC Real Estate Schools Richard Fryer Jacksonville FL 888-647-7277
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05/30/2013 Real Estate Buyer's Agent Council Athens GR 800-648-6224
06/04/2013 Houston Association of REALTORS®, Inc. Houston TX 713-629-1900
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06/04/2013 SE Valley Association of Realtors Mesa AZ Register Online
602-248-7787
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06/06/2013 Greater Metropolitan Association of Realtors Richard Conley Troy MI 248-478-1700
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06/11/2013 Alpha College of Real Estate Chesapeake VA Register Online
757-473-9700
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06/13/2013 Coastal Carolinas Association of Realtors Kent Strobel Myrtle Beach SC 843-839-8061
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06/27/2013 Daytona Beach Area Association of Realtors Richard Giumenta Daytona Beach FL 386-677-7131
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07/12/2013 New York State Association of REALTORS® Staten Island NY Register Online
800-239-4432
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07/23/2013 Middleton Real Estate Training Troy MI 248-885-8311
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08/22/2013 Middle TN Association of Realtors Murfreesboro TN 615-893-2242
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09/11/2013 Chicago Association of REALTORS® Chicago IL 312-803-4900
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09/12/2013 Superior School of Real Estate Morrisville NC Register Online
704-944-4260
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09/12/2013 Greater Metropolitan Association of Realtors Richard Conley Farmington MI 248-478-1700
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09/20/2013 Superior School of Real Estate Bermuda Run NC Register Online
704-944-4260
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10/02/2013 Superior School of Real Estate Charlotte NC Register Online
704-944-4260
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10/15/2013 MetroTex Association of REALTORS®, Inc. Grapevine TX 214-637-6660
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10/19/2013 Frederick County Association of REALTORS®, Inc. Frederick MD 301-663-0757
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10/22/2013 New York State Association of REALTORS® Corning NY Register Online
800-239-4432
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10/22/2013 New York State Association of REALTORS® Linda Damico West Babylon NY Register Online
800-239-4432
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10/29/2013 Coldwell Banker University Matthew Rathbun Parsippany NJ Register Online

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10/29/2013 Greater Metropolitan Association of Realtors Richard Conley Clinton Township MI 248-478-1700
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11/04/2013 Superior School of Real Estate Charlotte NC Register Online
704-944-4260
Send an Email
11/06/2013 Superior School of Real Estate Bermuda Run NC Register Online
704-944-4260
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11/07/2013 Superior School of Real Estate Morrisville NC Register Online
704-944-4260
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11/07/2013 Alpha College of Real Estate Chesapeake VA Register Online
757-473-9700
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12/02/2013 Chicago Association of REALTORS® Chicago IL 312-803-4900
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02/15/2103 Reece and Nichols Kathy McCarty Leawood KS 913-266-5635
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Accredited Buyer's Representative (ABR®)

The Accredited Buyer's Representative (ABR®) designation is the benchmark of excellence in buyer representation. This coveted designation is awarded to real estate practitioners by the Real Estate Buyer's Agent Council ('REBAC') of the National Association of REALTORS® who meet the specified educational and practical experience criteria.

At Home With Diversity®

At Home With Diversity® is a one-day certification course designed to present the changing face of the real estate industry. More importantly, the class teaches REALTORS® how to work effectively with

Broker Price Opinion Resource

With the changing real estate landscape and the increased use of broker price opinions (BPOs) by market participants, the National Association of REALTORS® is offering a new certification, BPO Resource, recognizing REALTORS® who have completed NAR's new BPO education program. The new certification course provides REALTORS® with knowledge and skills to reduce risk and increase opportunities to create professional and accurate BPOs.

Certified International Property Specialist (CIPS)

The Certified International Property Specialist (CIPS) designation prepares REALTORS® to service the growing international market in their local community. It is awarded by National Association of REALTORS® to real estate practitioners in 50+ countries.

Certified Real Estate Brokerage Manager (CRB)

The CRB Designation (Certified Real Estate Brokerage Manager) is one of the most respected and relevant designations offered within the real estate brokerage management industry. The CRB Designation is designed to elevate professional standards, enhance individual results and office performance, and recognize brokerage leaders who demonstrate the knowledge essential to the successful practice of brokerage management.

NAR's e-PRO® Certification

NAR's e-PRO® Certification Program shows you how to use the latest social media technologies to create an online presence and reach today's hyper-connected consumers. e-PRO® also teaches you how to take advantage of rich media and e-office strategies.

NAR's Green Designation

NAR's Green Designation teaches real estate professionals about energy efficiency and sustainable building practices. Complete the 3-day program to have access to a wealth of benefits providing marketing support, ongoing education and industry guidance.

Performance Management Network

The Performance Management Network is a REALTOR® designation that's built from the ground up to bring you the real-world skills, the know-how and the tools to keep your business out front and on top of an evolving market.

RSPS - Resort & Second-Home Property Specialist

Resort & Second-Home Property Specialists (RSPS) receive extra expertise and knowledge with the RSPS certification, which covers the buying, selling, and managing of resort properties and second homes for recreation, investment, and development.

Seniors Real Estate Specialist (SRES®)

The Seniors Real Estate Specialist (SRES®) 12-hour designation program trains REALTORS® to profitably and ethically serve the real estate needs of clients age 50+. Includes first year membership in the SRES® Council and its valuable services and benefits.

Short Sales & Foreclosure Resource (SFR)

The number of short sales and foreclosures are rising, presenting challenges for real estate professionals. The Short Sales & Foreclosure Resource (SFR) certification was launched by NAR to help REALTORS® meet the great demand for these critical services.

CRB

The CRB Designation (Certified Real Estate Brokerage Manager) is one of the most respected and relevant designations offered within the real estate brokerage management industry. The CRB Designation is designed to elevate professional standards, enhance individual results and office performance, and recognize brokerage leaders who demonstrate the knowledge essential to the successful practice of brokerage management.

GLOBAL

Diversify your clientele, expand your business, and globalize your network with NAR Global. Offering the Certified International Property Specialist (CIPS) Designation and other programs, we provide the research, tools and connections to help you succeed.

GREEN

NAR's Green Designation teaches real estate professionals about energy efficiency and sustainable building practices. Complete the 3-day program to have access to a wealth of benefits providing marketing support, ongoing education and industry guidance.

IREM

IREM is an international community of real estate managers dedicated to ethical business practices, maximizing the value of investment real estate, and promoting superior management through education and information sharing.

NAR

The National Association of REALTORS® (NAR), f. 1908, represents more than 1.1 million members and has worked to advance home ownership, real estate investment, private property rights and the free enterprise system in Congress and the Federal agencies.

REBAC

The Real Estate Buyer's Agent Council (REBAC), f. 1988, promotes the superiority of a buyer's representative's skills and services. REBAC's membership is the world's largest organization of real estate professionals concentrating on buyer representation.

REBAC

The Real Estate Buyer's Agent Council (REBAC), f. 1988, promotes the superiority of a buyer's representative's skills and services. REBAC's membership is the world's largest organization of real estate professionals concentrating on buyer representation.

REBAC

The Real Estate Buyer's Agent Council (REBAC), f. 1988, promotes the superiority of a buyer's representative's skills and services. REBAC's membership is the world's largest organization of real estate professionals concentrating on buyer representation.

RESORT

The REALTOR® Resort specialty is designed to appeal to real estate practitioners who facilitate the buying, selling, or management of properties for investment, development, retirement, or second homes in a resort, recreational and/or vacation destination.

RPR

Realtors Property Resource® (RPR™) is NAR's exclusive online real estate database and provides REALTORS® with information on every parcel of property in the United States as well as a robust portfolio of market trend data, advanced analytical reports, and detailed maps.

SRES

The largest and wealthiest group of buyers and sellers in the country is over 50. Understand their motivations and build your business by earning the SRES® (Seniors Real Estate Specialist®) designation offered by the National Association of REALTORS®.

WCR

Women's Council of REALTORS® is a nationwide community of successful and motivated real estate professionals. Women's Council delivers an unmatched combination of professional training and personal support you need to keep your business at its very peak.