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broker price opinion
(redirected from BPO)

   Also found in: Acronyms, Wikipedia 0.01 sec.
broker price opinion (BPO)

In most states, only a licensed appraiser is authorized to offer a professional opinion as to the value of a property. Often, though, a real estate broker will be asked to offer an opinion regarding the price to ask when marketing a property.This is a fine distinction, but perfectly legal,as long as labeled as such.BPOs are frequently obtained by out-of-state lenders seeking to work out a sale of a distressed property.



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Gartner analysts predicted earlier this year that eight to 12 major BPO contracts, each exceeding $300 million in contract value, were likely to be signed between the fourth quarter of 2004 and the end of the first quarter in 2005.
com/reports/c49834) has announced the addition of Non-Voice BPO in the Insurance Sector - India to their offering
Infrastructure maturity in advanced data, voice and the Internet have bridged the gaps in global locations, enabling BPO to quickly become a global delivery model.
 
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