BPO (Broker Price Opinion)
A local real estate professional provides subject property verification, evaluates the current exterior condition, assesses neighborhood trends, estimates marketing time, finds comparable sales and provides an estimated value for the subject property.
Field Expert™
A real estate field valuation product that combines the expertise of a local real estate professional with the speed and accuracy of an appraiser-developed, rules-based valuation model.
Field Expert offers an opinion of value derived from analyses of local market data and subject property information, as filtered through the LPS Field Expert rules-based valuation model.
Field Expert is used when:
- There are concerns as to the accuracy and consistency of an existing appraisal valuation
OR
- There is limited time/resources for a traditional drive-by or field review
To get more information, call 800.282.1104 or visit www.hanqual.com today!