Pro-Teck Services Announces Compliance With BPOSG

Posted by Orb Staff on June 12, 2009 No Comments
Categories : Residential Mortgage

m, Mass.-based Pro-Teck Services says it endorses the BPO Standards and Guidelines (BPOSG) recently introduced by the BPO Standards Board (BSB). The BPOSG provide a framework for the preparation of broker price opinions (BPOs), including best practices for the selection and utilization of comparable properties, pricing considerations, the use of photographs, and ethical and competency considerations. BPO provider eMortgage Logic [link=][u]recently announced[/u][/link] its support for the guidelines. The BSB was established by the Real Estate Valuation Advocacy Association (REVAA), a nonprofit trade association dedicated to formalizing standards within the real estate valuation industry. Jeff Dickstein, chief appraiser of Pro-Teck Services, comments that the BPOSG advance standardization of broker output. Pro-Teck is totally compliant with the guidelines, he says. SOURCE: Pro-Teck S

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