BPOs (Broker Price Opinions) are onsite property valuations performed by real estate brokers and agents. Obtaining quality BPO valuations is crucial to many servicing and capital market operations.
Pro Teck has been a national leader and provider of BPOs since their inception in the early 1990s. Today, the Pro Teck Valuation Intelligence Platform is built on Intelligent Quality Control (IQC), our proprietary rules-based engine that provides real-time feedback and workflow to address all errors and exceptions. The result: better quality, faster turn time, more transparency and less rework post-delivery. IQC does not replace our manual QC process, it empowers it.
Our BPOs are also powered by Integrated Market Data (IMD), which seamlessly integrates MLS and public record data directly into our forms platform. Working with IQC, IMD is why Pro Teck has the most accurate and timely reports in the industry.
Pro Teck offers a full array of standard and customizable BPO products. We work with you to select the best product to meet your needs and purpose. BPOs provide an anticipated sales price and are most often used for:
All submitted BPO reports are carefully reviewed against a set of comparable sales data that includes sale dates, location, style, age, condition, dwelling and lot size. When merited, reports also include addendums detailing exceptions and how they may affect valuation and risk.
Pro Teck’s national network of brokers/agents have years of experience and are continuously trained by Pro Teck to exceed all BPO standards and guidelines. Our processes have been perfected thanks to years of experience and millions of BPOs – let us put our knowledge to work for you.
Pro Teck BPO Expertise
All of our network members hold all of the necessary certifications, as well as a track record of timely and accurate reports. Our system is configured such that the best and most efficient brokers rise to the top, while less timely or less accurate brokers filter out of the system quickly. As a result, our core network includes some of the best BPO brokers in the nation.
Pro Teck offer a full suite of valuation products and services. We don't favor one solution over another - we review your requirements, your risk tolerance and all regulatory considerations in order to recommend the best solution.