BPO Offering Represents Philosophy Shift

BrokerPriceOpinion.com, Westminster, Colo., has created a "Next Generation BPO (V3)" platform for its valuation service. The company said the new platform represents a fundamental shift in the philosophy for how it provides BPOs. The focus is primarily on data analysis rather than data capture and delivery. Walt Coats, president, said, "Our software automatically evaluates and scores all comp sale and listing data provided by the broker. It was designed to analyze the data for accuracy and/or fraud, and to provide immediate feedback for brokers and analysts." Enhancements to this platform, scheduled to introduced in Phase II of the roll out in the second quarter of this year, include the ability to access local market data and incorporate it into both new and existing products. Clients will be able to gain insight into local markets and make better, more informed business decisions, adding to increased profitability, the company said.