We’ve noticed some companies advertising that they offer BPO certifications. While this might sound official, it’s not. The Broker Price Opinion industry is completely unregulated which is why lenders would not use a BPO for loan origination, this is covered extensively in our training package. Agents are many times confused regarding the purpose of a BPO. Asset and REO managers don’t ask for BPO certifications, please be wary of companies selling any type of certifications. Classes taken in the area of valuation from institutions such as the Appraisal Institute, CCIM, BOMA have more credibility on your resume. Appraisal and real estate classes from accredited universities and licensed real estate companies also carry credibility. All lenders and private banks have appraisers and analysts of all types reviewing your work since they are aware the industry is unregulated, plus a secondary review from an analyst provides a second line of defense. Adding credentials to your resume is always a good thing but please spend your money wisely.