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Updated about 7 years ago on . Most recent reply
![Peter Lipschutz's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/245955/1621435926-avatar-plipschutz.jpg?twic=v1/output=image/crop=180x180@0x0/cover=128x128&v=2)
BPO values are so inconsistent!
I just put in offers on my first two NPNs. The seller supplied recent BPOs on the properties and I "verified" them with values pulled from Trulia, Zillow, etc. Everything looked fine.
After we agreed on price, I spent close to $400 and ordered my O & E reports and my own BPOs. The new BPO values came in at HALF the value of the seller's BPO and websites.
I understand the numbers are just opinions of value and I expected a variation of 10-20%...but 50%?
Is this unusual? I feel like there's got to be a better way. Any insight or suggestions that would allow me to avoid this in the future would be appreciated.
Thanks!
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![Mindy Jensen's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/190548/1621432102-avatar-mindyjensen.jpg?twic=v1/output=image/crop=551x551@0x0/cover=128x128&v=2)
A BPO is a Broker's Price Opinion. I wouldn't take it for much of anything - especially from a seller's agent. I would verify with my own agent before putting in an offer. 50% off seems deceitful.