BPO (Broker Price Opinion)
Everyone provided great information about BPO's and tips to complete them. My tip on completing BPO's. Make sure you use your MLS and do a radius search. Try to stay as close to the subject property as possible.
Make sure you make correct and accurate adjustments. Take the time to look up assessors information and find out the lot size. Be familiar with the area so you can take views into consideration.
When you visit the property make sure you look at the other homes in the neighborhood, look at the pride of ownership. Look for ugly homes, busy streets, any factor that could hurt your value. BPO's can be a great source of value and a bank will recognize a quality BPO over one completed with minimal information and poor comps.
Also, make sure you send plenty of photos. You have to be the eyes for who is reviewing the BPO. Make sure they see as much about the property as possible.