On Tuesday, January 30, the The Federation of REO Certified Experts (FORCE) presents a brand new webinar spotlighting the true value of broker price opinions, and how to use them to gain more business. The “Value of Valuations” webinar runs from 3 - 4 p.m. CST, and will feature a live Q&A session from Council Chairperson Nancy Braun, Broker and Owner of Showcase Realty. Click here to register for the webinar.
For a broker price opinion, or BPO, a bank will hire a real estate agent or broker to prepare a valuation of a property, comparing it to other similar, recently sold properties. The “Value of Valuations” webinar will offer insights on how to build your business by becoming an expert in learning costs and evaluating properties. The webinar will also cover topics such as how to accurately estimate how much REO properties will sell for and communicate this information to asset managers in the form of BPOs and comparative market analyses. Braun will also provide information on how to use BPOs as a "foot in the door" technique to gaining listing assignments.
“The Value of Valuations” is just the latest in FORCE’s series of webinar. Other recent such programs include “Channeling New Marketing Strategies in Real Estate” and “State of the FORCE with Five Star President and CEO Ed Delgado.” You can see a full listing of the webinars on the FORCE website.
The Federation of REO Certified Experts is the Five Star Institute’s REO member organization comprised of pre-screened, certified, and experienced REO agents. Focused on the improvement of REO agent performance through lender- and servicer-driven education, the FORCE acts as a conduit of communication between the REO agent/broker community and the servicing shops they serve.