Broker Price Opinions (BPO's)

[Robert Burns]

I've started working with a new broker and he says he does a lot of Broker Price Opinions (BPO's) for banks. He said he could provide me some information about these BPO's and that would be helpful in my REI business. I am focusing on wholesaling. Does anyone have any experience using BPO's and if so how valuable is this information and how can I use it to my advantage?