Carefully Designed Data-Validated BPOs
All CoreLogic® Broker Price Opinions (BPOs) come data-validated and pre-reviewed by an industry-leading review tool, like LoanSafe Appraisal Manager™ and an internal quality tool; which assigns sub-scores based on data integrity, market velocity, accuracy and other market indicators that combine to deliver an overall Risk Score.
Our nationwide network of more than 12,000 brokers and agents deliver high-quality Data-Validated BPOs with the on-site review critical to verifying property information and assessing condition, while providing a faster, more affordable alternative to full appraisals. Because we’re a leading provider of AVMs, full appraisals and a number of hybrid valuation services, we understand the role BPOs play in the valuation lineup. We also know how to deliver the level of unbiased accuracy, speed and reliability you need to use BPO services with complete confidence.
When delivered with the objectivity, quality verification and controls in place, broker price opinions offer important benefits:
- Ability to meet high-volume valuation needs quickly and affordably
- Valuation accuracy for greater confidence in decision making
- Appropriate disposition sales prices that eliminate missed opportunity losses
A data-validated approach saves our clients time, steps and cost and enables faster, “exception-based” processing of valuations used in modifications, short sales and liquidation decisions.
In an effort to provide up-to-the-minute status, greater access and transparency for our clients, we have added an online tracking service to all BPOs orders. Clients will now be able to view the status of all of their CoreLogic Data-Validated BPO orders as well as digital versions of their completed BPOs and billing information via a secure, pool-driven website. At a client’s discretion, buyers, sellers and due diligence providers may also be granted limited access to BPOs that are offered as part of pool or portfolio transactions.