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The Advice of Fulfilling BROKER PRICE OPINION Dataflo MLS on the Computer

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How Do You Get BROKER PRICE OPINION Dataflo MLS and Sign It Instantly?

since my first video on how to make $100.a day doing be POS broker price opinion.I've gotten several requests to do this.video now whether you guys are doing a.broker price opinion for a BPO company.or maybe it's because you're gonna be.taking an REO listing a foreclosure.listing this video going to detail on.exactly what to do to complete a broker.price opinion what's up everybody my.name is Steve I talk about real estate.investing personal finance with a path.toward financial freedom so let's just.go ahead and dive into this is a BPO.really consists of nine necessary steps.the first one is the site inspection now.I did a complete video on this as I.mentioned it's how to make $100 a day.doing broker price opinion so be sure to.check that video out I'll put a link.down below as well as the card at the.end for you guys so you can check that.out but that's gonna actually talk about.how to go about getting broker price.opinion assignments and it's going to.talk about the process of actually doing.the BPO site visit now once the site.inspection is complete you're going to.go back to your office hopefully you.knocked out a handful of once so your.time is efficient and effective but.you're gonna get back to the office and.you're gonna perform the actual BPO.analysis many times BPO companies they.have their own internal site where.you're actually going to input into the.site so I'm gonna just use screenshots.for the sake of doing so right now.because a lot of the sites are different.but it's pretty much all all comparable.all the same one tip that I got for you.guys is well if they do have an option.to save as you're going through out be.sure to do that there have been a.handful of times when we're doing V POS.and we lost power or internet connection.and erased all of our hard work so be.sure you save throughout the process.alright once you're logged into the.system for that appropriate BPO company.there's usually five components to the.actual submission for the BPO there are.general market conditions you got the.actual subject property the details.about the subject property you got your.three active comparables you got your.three sold comparables and then.obviously your price range what you.think it should be valued at so let's.talk about market conditions so this is.usually going to.talk about the actual price of the.properties in the area are they going up.in value or they decreasing in value are.they remaining stable missus also gonna.talk about the supply is there a normal.supply and oversupply maybe there's a.shortage of listings in the area more of.a seller's market approximately the.number of comparable units in the.neighborhood as well as you know are.there any other competing distressed.properties of REO properties the next.section is the details of the subject.property now this is going to include.you know if the property is over.improved or if it's appropriate for the.neighborhood on average how many days on.market these properties are selling for.what type of property is it whether it's.a single-family condo and so forth it's.also going to ask for the actual details.of the property which you'll see in the.active and closed sales so you can line.it up appropriately with the description.of square footage and the upgrades.associated with the property they're.also gonna want to know some details.about the property itself what kind of.condition it was in if you look at that.other video that we spoke about during.the inspection period they're gonna.require whether it's going to be an.interior BPO or an exterior exterior is.usually somebody's living there and.they're gonna just have you essentially.take pictures of the outside do drive by.essentially the interior BPO is going to.get more detail on the actual condition.of the inside which you'll note eight in.this system as well all right the next.section is the competitive sold.comparables in most cases they're gonna.limit this to three sold comps now this.is where it gets kind of tedious we're.gonna have to input into every field.from the square footage to the days on.market to the upgrades associated.weather whether it was a had a pool or.waterfront or any kind of special.upgrades to the property you're gonna.have to fill this out for three goods.sold comparable properties now in this.section you have to make sure that these.comps are very good comparables if not.and we'll talk them a little more.detail but the BPO a sign or they will.kick this back if you guys are not using.rel relative comparables for this this.BPO the next section is the competitive.listings they're going to request at.least three active competition.properties they're currently on the.market.again it's but tedious you're gonna have.to fill in the information from the.square footage days on market and all.the other details that you can see on.the screenshot and now the last section.of this is the actual market value what.you think the property would sell for.and in many cases they'll ask for kind.of three different valuations it's as is.value maybe after it's been repaired or.fixed up and a 30-day quick sale to just.bring the property and get rid of it now.again the BPO companies they're.providing a service many times to the.bank banking institutions whether that.Bank is doing a short sale or maybe it's.an upcoming foreclosure so there's many.times that the banks are gonna want to.hire somebody to do PPP owes because it.does save them a lot of costs a lot of.money as opposed to hiring somebody to.do in an appraisal so in the short sale.scenario they're gonna want to get an.idea usually after they've actually.received an offer for the short sale.they got to get an idea of if that offer.price is pretty comparable to the open.market other times they ordered the BPO.for somebody that's currently in default.a lot of times those are the drive-by.BPOs so they're not necessarily a short.sale candidate they might have a Liz.pendants a pending foreclosure so the.bank is just trying to get a general.idea of valuation now keep in mind doing.the BPO is a tedious job and it can get.kind of boring over time especially if.you're doing a lot of these but you have.to keep in mind this is an important.part of the process these BPO companies.they do have people in-house that are.actually doing desktop analysis so if.your property let's say use a sold comp.and it's you know a year out they're.probably gonna kick that comp back.unless that's really the only kind of.comparable you can use they're usually.our comment sections that you can put as.well so if you're limited and having a.tough time trying to compound a property.and you need to go outside of the region.outside of the area or you need to use a.comp that's a bit older.make sure you notate that because a lot.of times they're gonna see that it's old.a year ago and they're just gonna kick.it back also a lot of times they do set.up rating systems so if your if your PP.o--'s get kicked back on a frequent.basis you might be less likely to get.more BPO assignments and if you're doing.a great job then I encourage you and.take a look at that first video as well.I encourage you guys to reach out to.these BPO companies explain that you've.been doing BPO as for that company and.to see if they you can be maybe a.priority realtor to handle majority of.the BPO s in your area.guys I know BPA's can be very tedious.and they could also lead to getting even.foreclosure listings so don't be afraid.to reach out and ask them if they deal.with asset managers or if they do assign.REO listings this could be a good foot.in the door depending on the company.many times if a bank is doing an.internal BPO those people a lot of times.depending on the size of the bank do.handle the actual assets do handle the.disbursement of assets to get them.listed on open market so be sure you're.getting on the phones not just emailing.or whatever get on the phones and call.these people because it could be the.difference of you getting more BPO.assignments maybe even some REO listings.as well in any case check out the video.that I did making a hundred dollars a.day doing BPO assignments and I do.appreciate you guys watching this I.appreciate the support if you have any.questions leave them down below and I'll.do my best to respond in a timely manner.thanks a lot.

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Some of the confused FAQs related to the BROKER PRICE OPINION Dataflo MLS are:

Need help? Contact support

Can I use broker statements to fill out form 8949 instead of a 1099-B?

You can but it would be wise to wait. Your broker will be sending a copy of the 1099-B that they send to you to the IRS also. The IRS will be checking to make sure your reported numbers match up with your brokers. If you make a mistake and have to file an amended return this could end up costing you additional filing fees depending on how you are having your return prepared. We typically advise clients to wait. We’ll use broker statements if there is a legitimate issue getting the broker to send the 1099-B.

What are the types of forms investors typically have to fill out to invest with a broker?

In the US, just an application form with some straightforward questions such as name, address, social security number, and a number of questions about assets, experience, choices about your account, and some federally mandated questions that to the best of my recollection were something like Are you hiding or laundering money for organized crime or as an agent of a foreign government? Most of them allow you to see their applications online and do most everything electronically. Google (brokerage name) and “account application.”

Why do you need to fill out a W-9 form to get back a broker fee from renting an apartment?

Anyone who pays you anything other than wages and is going to have to prove it to the IRS needs your SS number or Taxpayer Identification Number. The W-9 form that you fill out and sign is proof of the number you gave them.

How can I fill out Google's intern host matching form to optimize my chances of receiving a match?

I was selected for a summer internship 2016. I tried to be very open while filling the preference form: I choose many products as my favorite products and I said I'm open about the team I want to join. I even was very open in the location and start date to get host matching interviews (I negotiated the start date in the interview until both me and my host were happy.) You could ask your recruiter to review your form (there are very cool and could help you a lot since they have a bigger experience). Do a search on the potential team. Before the interviews, try to find smart question that you are Continue Reading

How do I fill out the form of DU CIC? I couldn't find the link to fill out the form.

Just register on the admission portal and during registration you will get an option for the entrance based course. Just register there. There is no separate form for DU CIC.

How do you know if you need to fill out a 1099 form?

It can also be that he used the wrong form and will still be deducting taxes as he should be. Using the wrong form and doing the right thing isnt exactly a federal offense

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