I had this AI video made to explain what my students keep telling me after working with me. Take a quick look—it’s exactly what they’re experiencing.
Frank Worrell
BPOS For Life LLC
757-696-1069
If you’ve been in real estate for a while, you’ve probably heard of Broker Price Opinions (BPOs). Some agents swear by them, others dismiss them, and many simply don’t understand what they really are. Unfortunately, myths about BPOs keep a lot of agents from tapping into one of the most consistent side income streams in real estate.
Let’s clear up the confusion. Here are the five biggest myths about BPOs — and the truth that can help you start earning $1,000 to $3,000 per month.
Myth #1: “BPOs don’t pay enough to be worth it.”
The Truth: Most agents underestimate how fast and straightforward BPOs are once you know the process. A single report can take less than 30 minutes. At $40–$70 per order, a handful per day quickly adds up to $1,000–$3,000 a month in steady income. And unlike waiting on a closing, BPOs pay weekly or bi-weekly.
Myth #2: “They’re only for new agents.”
The Truth: BPOs aren’t just for rookies. Experienced agents use them to smooth out cash flow between closings, fund marketing budgets, or create predictable income while working their sales pipeline. I’ve personally used BPOs to generate six-figure annual income since 2008.
Myth #3: “The companies are hard to get approved with.”
The Truth: Yes, every BPO company has its own application process, but it’s not rocket science. Once you know which companies to target — and the right way to apply — you can be up and running in less than a week. I’ve already done the trial and error, and I share those exact shortcuts with my students.
Myth #4: “You’ll spend all day behind a desk.”
The Truth: Most BPOs are exterior drive-by inspections. You snap a few photos, upload them, and the rest is desk work that can be done from home. It’s flexible, repeatable, and designed to fit around your existing real estate business.
Myth #5: “It’s too late to get started now.”
The Truth: The demand for BPOs isn’t going anywhere. Banks, mortgage companies, and investors constantly need updated property values. Whether the market is up or down, BPOs are a must-have product — and agents who know how to deliver them stay in demand.
Final Thoughts
Don’t let myths keep you from building another income stream. BPOs aren’t complicated — they’re just misunderstood. With the right training and guidance, you can start earning steady weekly paychecks that support your business and lifestyle.
👉 Ready to learn how? Click here to see how my BPOs For Life program works
Most real estate agents overlook Broker Price Opinions (BPOs). They see them as low-paying tasks not worth the time. But if you zoom out and look at the numbers, BPOs can quietly stack up into a solid, steady income stream—without waiting on a closing.
Let’s break it down.
🚀 The Power of Volume
A typical BPO might pay anywhere from $40 to $70, depending on the type (exterior or interior) and the company. At first glance, that sounds small. But the power is in the repetition.
Let’s say you complete:
- 3 BPOs a day, 5 days a week
- Average pay: $50 per BPO
That’s:
📅 15 BPOs/week = $750/week
📈 $3,000/month
💰 $36,000/year
📈 $3,000/month
💰 $36,000/year
Double the daily volume to 6 per day (which is totally doable once you get a rhythm), and now you’re looking at:
💰 $72,000/year from BPOs alone.
🕒 How Long Do They Really Take?
A lot of agents assume BPOs take hours. They don’t—not once you’ve got a system.
With tools, templates, and a good photographer (or your phone if you're fast), you can often:
- Exterior BPO: 20–30 minutes total (including drive time)
- Interior BPO: 45–60 minutes
- Data entry: 10–15 minutes per report (or outsource it)
Some of our students hit $100K+ per year just doing 4-6 BPOs per day, staying consistent, and outsourcing the busy work.
📅 Weekly Pay, Not Monthly
One of the biggest perks of BPOs? You get paid weekly or biweekly depending on the company:
- 🏦 Clear Capital: 1st & 16th
- 📅 Stewart: 2 days after submission
- 💼 RRR: Weekly, every Monday
- 💸 ServiceLink: 10th & 25th
- ⏳ Voxtur: 30 days
- ✅ LRES: 14 days
This isn’t just side hustle income. It’s predictable, trackable, and scalable—especially if you’re between closings or building your pipeline.
🔄 Keep the Work Flowing
The more consistent you are, the more orders you get.
BPO companies rank you based on quality, speed, and accuracy. Fast turnaround times and professional write-ups = more orders. You become a go-to vendor.
If you play your cards right, this turns into a pipeline where BPOs show up in your inbox daily.
🧠 BPOs Train You to Think Like an Appraiser
Beyond the money, BPOs sharpen your pricing skills. You start thinking differently:
- You learn to analyze comps quickly
- You get better at spotting trends and anomalies
- You become more confident justifying your pricing with facts
That’s invaluable whether you’re working with buyers, sellers, investors, or banks.
🏁 Bottom Line
BPOs add up.
They may look like small-dollar jobs, but they stack fast. If you build a system, track your pay, and treat it like a real business—not a chore—you’ll have:
They may look like small-dollar jobs, but they stack fast. If you build a system, track your pay, and treat it like a real business—not a chore—you’ll have:
- Weekly income
- Steady deal flow
- Sharper skills
- And a real path to $40K–$100K per year
All without waiting on a commission check.
Are you paying Private Mortgage Insurance (PMI) every month because you bought your home with less than 20% down? Imagine slashing hundreds off your monthly mortgage payments by removing PMI—without the costly expense of an appraisal. A Broker Price Opinion (BPO) could be your ticket to doing just that. Learn how a BPO offers a fast, affordable alternative for verifying your home’s current market value, helping you prove to your lender that you’ve achieved the necessary equity. Discover why countless homeowners are opting for BPOs as a smart strategy to eliminate PMI and boost their financial freedom. If your property’s value has risen, this could be the moment to act, saving you money and stress in the process. Dive into our post to explore how a simple BPO might be the key to financial relief.
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