Development of a BPO in Pennsylvania

Course will cover requirements as outlined by the PA SREC for this course. Will cover definitions which pertain to BPOs, other valuation products such as appraisals, CMAs, and AVMs (Automated valuation models) as well as permitted uses of BPOs for Pennsylvania licensees. Course will cover the qualifications required to perform a BPO for both the agent performing it, and the managing/supervising broker, including payment of fees. The course will also address the “how to” of a BPO including information the be gathered, and methodology and the risk.  Approved for 3 ½ hours of CE for the 2022-2024 CE cycle.  Approved for 3 Hour initial Education Requirement needed to Perform a BPO;  Approved for 3 Hours of renewal education in order to continue to Perform a BPO.  Cost is $45.