Blog Category - Polo Club

Oct 6, 2026 • 6 min read

What Is a Broker Price Opinion (BPO)? Uses, Cost and Who Orders One

A broker price opinion (BPO) is a licensed real estate broker's written estimate of what a property will sell for. Banks, servicers, credit unions and asset managers order BPOs to price REO homes, review short sales, handle loan modifications and check the value of a loan's collateral. A BPO uses recent comparable sales, the condition of the home and the local market, and it costs far less and ar