When forming a broker price opinion (BPO), a broker looks beyond the property itself to the various market factors which influence its value.
Market price influencers
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Real Estate Principles: Video™
A dynamic and multimedia collection of fundamental real estate concepts – step into the future of learning.
Stay current on the latest news, videos, forms, and updates for Real Estate Principles: Video™
Recent updates to the course e-book
- Effective January 1st, 2021, California homeowners qualify for a net equity homestead protection of up to $300,000 or the median sale price for a single family residence (SFR) in the homeowner’s county in the calendar year prior to the year in which they claim the exemption, not to exceed $600,000 (adjusted annually for inflation). [CCP §704.730] For more on this topic, see Form-of-the-Week: Homestead exemption, an asset preservation declaration – Form 465
06/25: The 2025 rules for buyer representation and fee-splitting avoidance are currently being edited into this e-book.
Newly published related content
What is the Conference Board? A recession proclaimed by committee
Real estate agents and brokers must learn to read economic factors and become familiar with the institution charged with labeling recessions.
Down payment download: Mind your mortgage
A homebuyer sourcing a 20% down payment experiences significant cost reductions over the life of the mortgage
The seller breaches the purchase agreement
Learn to conduct a transaction as a buyer agent when a seller breaches the purchase agreement with a buyer, discuss remedies available to the buyer and review money losses the buyer may recover on a seller’s breach.
DRE Bulletin Digest: Summer 2025
In this issue: mentorship for new licensees, the DRE’s Cite and Fine program, trust fund signatory rules and the annual business activity report.
Using the yield spread to forecast recession and recovery conditions
The yield spread indicates the likelihood of a recession or recovery one year forward.
DRE as the enforcer at large steps up to the plate — as the umpire in chief
Our multimedia review of the DRE’s most common types of disciplinary actions they encounter.
California household formations set to decrease
While the number of households continues to grow, the rise is mostly thanks to renters.
Santa Clara County regional housing indicators
Santa Clara’s housing market is experiencing the downfall from 2021’s pandemic bounce.