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Rapid Broker Price Opinions in Puerto Rico
by mollyassad on Aug 4, 2010
Puerto Rico is a very unique market. In a place where most directions are still given by current and prior landmarks, even a great GPS system may get lost. Molly Assad, broker/owner of Paradise Properties in Puerto Rico , had to get really creative to outwit the real estate nose dive. As experts in BPO's or Brokers Price Opinions, their team of experts are ready to work fast and furiously to overdeliver.
A Broker's Price Opionion is an expert opinion of the approximate current market value. The real estate broker or agent researches, via the MLS system, what properties have been sold and which are in the market in any given community. The system in Puerto Rico is not thouroughly updated and is still catching up with technology. Many firms have a lot of work and can't really find the ideal firm to expedite the workload.
If you are a large company that is seeking a general opinion or if you have more specific real estate questions and concerns. Contact the experts at...Read More >>
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Recommended Reading
Broker Price Opinions (BPOs) in Puerto Rico, an adventure.
by Carlos J. Gaston Real Estate
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Another variation is that addresses are hard to find especially with some of the addresses present in BPO order forms where the address is: Road ### and Km. ###, and that's all. The only way to find a property with this address is with photos of the subject, and you are supposed...
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