Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 7 years ago on . Most recent reply

User Stats

88
Posts
9
Votes
Henley H.
  • Jackson, WY
9
Votes |
88
Posts

How much pay for a BPO?

Henley H.
  • Jackson, WY
Posted

I'm looking at a pocket listing to potentially purchase and flip.  I have my own idea of what I think the the value of the property would be post improvements, but would like to consult with a local realtor for a second opinion.

I've elected not to sign any type of agreement with a local realtor, though I have put a backup offer on another home recently with the listing agent.  I would like to ask him to do the broker price opinion for this new potential flip-  He is aware I don't plan to sign an agreement, so doesn't have the incentive of a commission down the line, but I would like to be fair an compensate him for his time and efforts.  I know it's unorthodox to pay for a bpo, but given the circumstances and wanting to be respectful of his time, how much do you think would be fair to offer to compensate them for the bpo?

Loading replies...