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Contact LA BPO today so we can help you get the most out of your properties.
+1 626 688 8864
Monday - Friday from 8am - 5pm
15250 Ventura Boulevard, Suite 500
Sherman Oaks, CA 91403
michael.chang@svn.com
Contact me every time!
Have Any Questions?
FAQ's
Explore the answers to frequently asked questions about commercial BPOs, such as what they are, how they differ from appraisals, their benefits, the process involved, measures taken to ensure confidentiality, and how to arrange a commercial BPO with LA BPO.
What is a Broker Price Opinion?
A Broker Price Opinion is a report prepared by licensed real estate professionals to determine the market value of a property. It is a valuable tool used for various real estate purposes.
What is a commercial Broker Price Opinion (BPO)?
A commercial BPO is a valuation report prepared by licensed real estate professionals to determine the estimated market value of a commercial property. It provides valuable insights for buying, selling, financing, or making informed investment decisions.
How is a commercial BPO different from an appraisal?
While both commercial BPOs and appraisals provide property valuations, they differ in terms of their purpose, scope, and level of detail. BPOs are generally less comprehensive and detailed compared to formal appraisals, but they offer a more cost-effective and quicker valuation solution.
Why should I choose a commercial BPO over a commercial appraisal?
Commercial BPOs offer several advantages over appraisals, including quicker turnaround times, cost-effectiveness, and suitability for various purposes such as capital market sales, loan servicing, small business loans, or portfolio purchases. BPOs can provide timely insights without the longer wait times associated with appraisals.
Who performs the commercial BPOs for LA BPO?
LA BPO employs licensed real estate professionals with expertise in commercial property valuations. Our team has extensive knowledge of the local market and industry trends to provide accurate and reliable BPO reports.
How long does it take to receive the BPO report?
The turnaround time for our BPO reports depends on the complexity of the property and other factors. Our team will provide you with an estimated timeframe during the appointment.
Can I use the BPO report for legal or financial purposes?
Our BPO reports are intended for informational purposes and should not be used as a substitute for professional legal or financial advice. We recommend consulting with appropriate experts for specific legal or financial matters.
How can I schedule a commercial BPO with LA BPO?
To schedule a commercial BPO or inquire further about our services, please contact our licensed real estate professionals directly via phone or email. They will guide you through the process, provide pricing information, and arrange an appointment.