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Broker Price Opinion Form Template

Streamline Property Valuation with Our Broker Price Opinion Form

Finding the right price for a property can be challenging, especially when you want to ensure accuracy for your clients. This Broker Price Opinion Form template is designed for real estate professionals like you to confidently estimate market values and recommend prices for properties. Use it for loan applications, real estate listings, or homeowner consultations, ensuring your assessments are clear and reliable. Plus, with our user-friendly format, you can easily generate reports to support your valuation. Discover how this template can make your valuation process smoother and more efficient.

Use this Template (FREE) Live Preview
Requested due date
Requester full name
Company or organization
Requester email
Requester phone
What is the purpose of this BPO?
Listing/sale
Refinance/loan servicing
Loss mitigation/short sale
Foreclosure/REO
Portfolio review
Divorce/Probate
Insurance
Tax appeal
Other
Please Specify:
Property address (street, city, state, ZIP)
Property type
Single-family detached
Condo
Townhouse
2-4 unit multifamily
5+ unit multifamily
Manufactured/mobile
Vacant land
Other
Please Specify:
Occupancy status
Owner-occupied
Tenant-occupied
Vacant
Unknown
Inspection type performed
Exterior only (drive-by)
Interior and exterior
Desktop (no site visit)
Year built (approximate if unknown)
Living area (sq ft)
Lot size (sq ft or acres)
Bedrooms
Studio/0
1
2
3
4
5+
Property features and notable characteristics
Bathrooms
1
1.5
2
2.5
3
3.5
4+
Overall property condition
Poor
Below average
Average
Good
Exceptional
Estimated total repair cost (USD)
Describe notable repairs, upgrades, or defects
Are repairs needed to reach marketable condition?
Yes
No
Current market trend for similar properties
Declining
Stable
Increasing
Unknown
Typical days on market in the area
Under 30 days
30-60 days
61-90 days
91+ days
Unknown
Neighborhood condition and appeal
Poor
Below average
Average
Good
Exceptional
Sold comparables summary (up to 3 with address, sale date, price, distance, brief notes)
Active or pending comparables summary (up to 3 with address, list price, status, distance, brief notes)
Key adjustments and rationale
Data sources used
MLS
Public records
Broker network
Automated valuation model
Drive-by observation
Third-party listing sites
Other
Please Specify:
As-is market value opinion (USD)
Probable price range (USD)
Suggested list price (USD)
Confidence in value conclusion
Very low
Low
Moderate
High
Very high
Broker/agent full name
License number
Brokerage name
Broker email
Broker phone
I certify this BPO reflects my unbiased professional opinion based on available data and, where noted, a visual inspection.
Strongly disagree
Disagree
Neither
Agree
Strongly agree
Report effective date
Typed signature (full legal name)
Date signed
I have no known conflicts of interest related to this property.
Yes
No
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Paper art illustration representing a Broker Price Opinion Form Template for FormCreatorAI article

When to use this form

Use this template when you need a fast, well-documented market value estimate without ordering a full appraisal. It is ideal for pre-listing strategy, short sale or REO reviews, price reductions after stale days on market, relocation or probate decisions, and loan portfolio checkups. You standardize subject details, photos, condition, comps, and adjustments in the Real estate broker price opinion form, then share a clear price range and timeline. Pair it with the Real estate seller information form to capture upgrades, disclosures, and access notes from the owner before you inspect. Agents, team leads, investors, and lenders all benefit: you move faster, compare properties consistently, and reduce pricing disputes with a single, defensible report.

Must Ask Broker Price Opinion Questions

  1. What is the full property address, property type, and occupancy status?

    These details anchor the analysis to the correct parcel and affect access, risk, and buyer interest. They also guide which comps and adjustments you should use.

  2. What is the property's current condition, notable upgrades, and needed repairs?

    Condition drives adjustments and can shift the likely buyer pool. Documenting upgrades and estimated repair costs clarifies as-is versus as-repaired pricing.

  3. Which three recent comparable sales and three active listings best support your opinion, and why?

    Stating your comps and rationale makes the analysis transparent and repeatable. Neighborhood context you capture with the Real estate survey form can explain outliers.

  4. What is your estimated as-is value, as-repaired value (if applicable), and expected days on market?

    Values and time-on-market translate analysis into clear business decisions. This helps clients plan financing, repairs, and timing with fewer surprises.

  5. What pricing and marketing strategy do you recommend to meet the client timeline?

    A clear strategy connects price to actions like staging, concessions, and listing cadence. Align the plan with current demand using the Buyer intake form.

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