Читать книгу Magic BPO Success Secrets - Cory Ph.D Boatright - Страница 14

-A BPO is done by a real estate agent or a real estate broker, who are usually inexperienced.

-An appraiser is usually hired when a bank wants to foreclose. They are more experienced, and therefore, usually harder to influence. You will need to do different things to influence an appraiser, because they are more thorough in their work.

-The main differences are in the amount of liability, why each report can be used, the cost to conduct each report, the amount of detail in the two reports, and how they find comps and make adjustments.

-Licensed Appraisers are governed by state requirements. So, even though a BPO must carry Errors and Omission insurance, the liability for an appraiser is much greater and more enforceable.

-A BPO is a required to be a licensed Real Estate Agent, Broker, or Appraiser who possesses an active license. They must be in good standing within the state in which they perform their services. Each state has their own set of regulations and standards by which a BPO can be employed, so it would be a good idea to search these regulations by the state specific to you.