Approved for 3 ½ hours of CE for the 2020-2022 CE cycle. Includes 3 Hour initial Education Requirement needed to Perform a BPO. 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.