DL/ Broker Price Opinions – The Nuts & Bolts 183-1805

Broker Price Opinions – The Nuts & Bolts: Master BPOs and Expand Your Income | Self-Paced Online CE

Add a Revenue Stream. Deliver Accurate Valuations. Stand Out as a Valuation Expert.

3-Hour Maryland Continuing Education Elective Course | Category F – Professional Enhancements for Practicing Licensees | Self-Paced Online |

Broker Price Opinions (BPOs) offer real estate licensees a valuable opportunity to generate additional income while building expertise in property valuation. This Maryland continuing education elective course provides comprehensive training on the nuts and bolts of BPOs—from understanding what they are and when they're used to mastering the process of completing accurate, professional reports that clients trust.

Whether you're looking to add a new revenue stream, work with banks and asset management companies, or simply sharpen your property valuation skills, this course gives you the knowledge and confidence to deliver BPOs that meet industry standards and position you as a valuation expert in your market.

In just 3 hours, you'll gain critical insights into:

• What Broker Price Opinions are and how they differ from appraisals and CMAs
• When and why BPOs are requested by lenders, servicers, and asset managers
• The different types of BPOs: drive-by (exterior) vs. interior
• How to accurately complete a BPO step by step
• Selecting appropriate comparable properties for accurate valuations
• Common BPO mistakes that get reports rejected and how to avoid them
• How to build relationships with BPO companies and generate consistent income

Key Topics Include:

• BPO fundamentals: definition, purpose, and legal considerations
• BPO vs. CMA vs. appraisal: understanding the differences
• Who orders BPOs and why: lenders, servicers, REO departments, and asset managers
• Types of BPOs: exterior (drive-by) and interior inspections
• The BPO process from assignment to submission
• Property inspection requirements and what to document
• Selecting and analyzing comparable sales
• Making accurate adjustments for property differences
• Determining market value and probable sale price
• Completing BPO forms and reports professionally
• Common errors that lead to rejected BPOs
• Quality standards and what reviewers look for
• Getting started with BPO companies and platforms
• Building a BPO business and generating consistent assignments
• Legal and ethical considerations for BPO providers
• Real-world examples and practical applications

Master BPOs and Grow Your Business → Click 'Get Course' to Get Started!

Course Format: Self-Paced, Online & Convenient

• 100% online – study from anywhere with an internet connection
• Complete on your schedule – no set class times, no Zoom sessions
• Knowledge checks throughout each module to reinforce key concepts
• Final exam required to earn your CE credit
• Practical examples and real-world BPO scenarios
• Instant access – start immediately after enrollment
• Full credit upon completion – meets Maryland continuing education requirements for real estate license renewal

Course Requirements & Policies

To receive credit for this course, you must:

• ✓ Complete all course modules and knowledge checks
• ✓ Pass the final exam with a score of 70% or higher
• ✓ Complete the course within 1 year of enrollment

Refund Policy:

• No refunds once course access has been initiated
• Technical issues? Contact us at [email protected] for assistance

Who Should Take This Course?

• Maryland real estate licensees seeking elective CE credit and professional development
• Agents looking to add BPOs as a revenue stream to their business
• Real estate professionals who want to work with banks, lenders, and asset managers
• Licensees seeking to improve their property valuation skills
• Licensees who were licensed before October 1, 2023 and this is not their first renewal
• Anyone interested in mastering Broker Price Opinions and expanding their service offerings

This self-paced online real estate education course satisfies Maryland elective CE requirements for Category F – Professional Enhancements for Practicing Licensees. Tristar Academy is approved by the Maryland Real Estate Commission for continuing education.