The BPO Starter Guide
how to do broker price opinions for money, with templates
$9.99
Lenders, servicers and asset managers order thousands of BPOs every month, and they pay licensed agents and brokers a flat fee for each one. This guide shows you how to get on those panels, do the work fast, and build it into steady income.
Written by Joe Fansler, Florida licensed broker, it covers the whole job from first application to final invoice. No theory padding, just the process.
What’s inside
What a BPO is, who orders them, and why they pay
Licensing and legal guardrails, including BPO vs. appraisal
How the money works: typical fee ranges and the volume math
Where the work comes from: vendors, AMCs, REO managers and local banks
Setup checklist so you’re ready before you apply
The 8-step process from order to submission
How to pick comps and make adjustments reviewers accept
Photo checklist and commentary rules that pass review
6 copy-and-paste templates: panel application email, comp worksheet, commentary, invoice, revision response and order decline
How to run it as a business, common mistakes, and a 30-day launch plan
Income projections at 20, 50 and 100 orders a month, for solo and team models
Who it’s for
Licensed real estate agents and brokers who want a new income stream, brokerages building an ancillary service, and anyone planning to start a BPO business.
Bonus: Information on BPO assistants for busy BPO companies, plus start-a-BPO-business setup help.
Note: Educational guide, not legal or financial advice. Fee and income figures are illustrations, not guarantees. A valid real estate license is required to perform BPOs.
Contact: Joe Fansler · (334) 373-3657 · 4thishouse@gmail.com
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