NJBPOs.com is a division of Daunno Realty Services LLC, a duly licensed Partnership Broker in the State of New Jersey with Rudolph A. Daunno III as its acting President and Broker of Record. The company holds membership with the National Association of Realtors as well as the Greater Union County Association of Realtors.

NJBPOs.com was set up with the intent of providing its client’s critical valuation data and consulting with regards to distressed real estate properties in central and northern New Jersey. Our skilled staff has been trained to quickly and affordably provide client’s with top quality, up-to-date price opinions on residential, commercial, industrial, mixed use, and vacant properties throughout New Jersey.

What is a Broker Price Opinion or BPO for short?

Daunno Realty Services defines a Broker Price Opinion or BPO as the estimated value of a property as determined by a real estate broker or other qualified individual. A broker price opinion is based on the characteristics of the property being considered.

Some of the factors that Daunno Realty considers when pricing a property include: the value of similar surrounding properties, sales trends in the neighborhood, an estimate of any of the costs associated with getting the property ready for sale and/or the cost of any needed repairs.

It is important to note that a BPO is _not_ the same as an appraisal.

When is a BPO Needed?

A BPO is needed by lenders and mortgage companies to value properties in situations where they believe the expense and delay of an appraisal is not necessary. Broker Price Opinions (BPOs) are generally performed on real estate properties that are about to be foreclosed on or whose owners are late in paying the mortgage and/or taxes.

What counties are covered by Daunno Realty?

Daunno Realty holds membership with the Garden State Multiple Listing Service, Middlesex County Multiple Listing Service, and the Monmouth / Ocean County MLS. The company is currently performing BPOs in Union, Middlesex, Somerset, Essex, Morris, and Monmouth counties.

How are BPOs Priced?

Contact Daunno Realty’s President and Broker of Record, Rudolph Daunno III, for pricing at 732-910-3043.

What Types of BPOs can Daunno Realty handle?

Most Broker Price Opinions are “drive by,” or performed from the outside of the property. However, Daunno Realty will do internal BPOs at our client's request. Being that an internal BPO can vary in task and form requirements and is significantly more involved, it is more costly. This BPO can also require contact with a homeowner in foreclosure, or with a tenant who isn't aware of the situation. Daunno Realty’s team has been trained to show care in these situations and tries to make contact with the occupants before arrival.

Over the years, Daunno Realty has put together a wide array of vendors, contractors, and associates who can be trusted to handle virtually any real estate or construction need. The additional services we offer have helped set Daunno Realty apart from the average Real Estate Agency and BPO provider.

With the assistance of a professional cleaning service, a construction contracting and management team, a professional photographer, and access to various multiple listing services and Realtor.com , the company has been geared to provide its clients with a one stop shop to prepare and market these distressed properties for sale immediately after acquisition.

In more detail, these services include:

	Full Service Listings geared to help our client’s quickly liquidate properties after acquisition.
	Flat Fee Listings for client’s who want to control their properties marketing, but need MLS exposure.
	Detailed cleaning services for neglected or abandoned properties.
	Professional Photography for optimum internet and marketing exposure.
	Construction Contracting, Management, and Consulting through our affiliate Daunno Development Company, LLC for properties with glaring repair needs.

For assistance with any of these services, please Contact Us today!

NJBPOs.com is a division of Daunno Realty Services, LLC. NJBPOs.com falls under the direct supervision of Rudolph Daunno III. NJBPOs.com and Daunno Realty Services do not represent their Price Opinions as appraisals and make no representation of such.