Understanding BPOs & PDCs (for Customers)
Quick explainers to help you choose the right option.
Why a BPO?
A BPO is a licensed broker’s opinion of probable selling price for non-lending decisions. Faster and more affordable than an appraisal; more context than an automated estimate.
Who Benefits
- • Sellers — price right, defend your ask
- • Buyers — avoid overpaying, negotiate credits
- • Investors/Landlords — underwrite deals & portfolios
- • Professionals — attorneys, CPAs, insurers supporting clients
PDC vs. BPO
PDC (Property Data Collection)
Photos, measurements, observations. No value opinion. Great when you need current, organized property data.
BPO (Broker Price Opinion)
Non-lending price opinion with comps and market context. Not an appraisal.
How the Marketplace Works
- Join as a Customer.
- Post PDC (FCFS) or BPO (open bids).
- Agents complete and deliver PDFs; you store reports in your dashboard.
Disclaimers (Plain Language)
- • PDC is data/photos only and not a valuation.
- • BPO is for non-lending purposes; not an appraisal.
- • State rules vary. See Compliance.