In an ever-evolving real estate market, precise and comprehensive data gathering has become indispensable, particularly when evaluating a property's value from a distance. The RRR Form 002.1, rev. 10/05/04, known as the Drive By BPO (Broker's Price Opinion) Field Notes Form, stands as a critical tool in this endeavor, albeit not being processed as a valuation itself. Developed by Residential RealEstate Review, Inc., it serves as a convenience for agents to collect essential information about a property, including but not limited to its type, location, ownership details, structural specifics, and financing aspects. It also dives into the occupancy status, condition, and if the property is secured, alongside detailed sections on comparable sales and competitive properties, to equip real estate professionals with nearly everything they may need to know. This thorough approach extends to the designations of the neighborhood's trends, pride of ownership, and potential resale issues, thereby providing a holistic view of the subject property and its surroundings. It's crucial to note, however, that despite its depth, the form explicitly states its role for information gathering only, reminding users that complete BPO results should be submitted through the official Residential RealEstate Review website, steering clear of faxing, emailing, or mailing the form directly.
| Question | Answer |
|---|---|
| Form Name | Rrr Form 002 1 |
| Form Length | 5 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 1 min 15 sec |
| Other names | DriveByBPOField Notes real estate bpo forms equi trax |
EVIEW.COM |
Residential RealEstate Review, Inc. |
|
Drive By BPO (Standard) Field Notes Form |
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RRRForm 002.1 Rev. 10/05/04
This form is for agent convenience only! – It will NOT be processed as a BPO Valuation.
RRReview #:
Subject Property Ownership
Mortgagor or Owner if different from mortgagor:
Property |
Single Family / Condominium / |
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Type: |
Split Parcel / Multiple Properties |
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Subject Property Location and Address |
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Location: |
Urban / Suburban / Rural |
Is this property in a flood zone: Yes / No / Unknown |
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Address: |
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City, State, Zip: |
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Ownership Data |
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Date Purchased m/d/yyyy): |
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Current Owners Purchase Price: $ |
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Total Municipal Liens: |
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Total Tax Liens: |
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Listing Data: |
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Is property listed: Yes / No |
Listing Company: |
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Phone: |
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Subject Property |
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Occupancy: |
Is property secured? Yes / No |
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Occupied by Tenant / Vacant and Boarded |
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Style: |
1 Story / Ranch / Bungalow / Cottage / Cape Cod / |
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Story / |
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Geodesic Dome / |
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Mobile Home VIN #: |
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If mobile home, is it |
Attached / Not Attached / |
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attached? |
Unknown |
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Living Space (sq. ft.): |
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Number of Units: |
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Condition: Excellent / Good / Average / Fair / Poor / Damaged |
Age (to nearest year): |
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Total Rooms: |
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Bedrooms: |
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Full Baths: |
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Half Baths: |
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Basement: |
None / ¼ / ½ / ¾ / Full |
Proportion Finished: |
Unfinished / 25% / 50% / 75% / 100% / Unknown |
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Garage Type: |
Attached / |
Number of garage spaces: |
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Lot Size (sq. ft.): |
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Lot Size (acres): |
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Original List Price: $ |
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Current List Price: |
$ |
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(or last list price if property sold within last 12 months)
(If currently listed) DOM:
Monthly HOA Dues: |
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Type of |
FHA / VA / Conventional / Owner Financed / Cash |
Ownership |
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Financing: |
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Type: |
Leasehold / |
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Comments:
THIS FORM IS PROVIDED FOR INFORMATION GATHERING PURPOSES ONLY. DO NOT FAX, EMAIL OR MAIL THIS FORM.
THIS FORM WILL NOT BE ACCEPTED AS A COMPLETED BPO! PLEASE USE THE www.rrreview.com WEBSITE TO ENTER YOUR BPO RESULTS
Residential RealEstate Review Inc. |
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Telephone: |
10401 Deerwood Park Blvd., Jacksonville, FL 32256 |
Page 1 of 5 |
www.rrreview.com |
EVIEW.COM |
Residential RealEstate Review, Inc. |
|
Drive By BPO (Standard) Field Notes Form |
||
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RRRForm 002.1 Rev. 10/05/04
This form is for agent convenience only! – It will NOT be processed as a BPO Valuation.
Comparable Sale 1 |
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Street Address: |
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City, Zip: |
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Proximity to |
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Same block / Across the street / Within 1 block / Within 2 blocks / Within 4 blocks / Within 8 blocks / |
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Subject: |
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Within 1 mi. / 1 to 5 mi. / 6 to 10 mi. / Over 10 mi. |
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Location Comparison: Less desirable / Similar / More desirable than subject property location |
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Style: |
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1 Story / Ranch / Bungalow / Cottage / Cape Cod / |
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Dome / |
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Living Space (sq. ft.): |
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Number of Units: |
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Condition: |
Excellent / Good / Average / Fair / Poor / Damaged |
Age (to nearest year): |
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Total Rooms: |
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Bedrooms: |
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Full Baths: |
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Half Baths: |
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Basement: |
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None / ¼ / ½ / ¾ / Full |
Proportion Finished: Unfinished / 25% / 50% / 75% / 100% / Unknown |
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Garage Type: |
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Attached / |
Number of garage spaces: |
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Lot Size (sq. ft.): |
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Lot Size (acres): |
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Original List Price: |
$ |
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Sale Price: |
$ |
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DOM: |
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Sale Date (mm/dd/yyyy): |
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Monthly HOA Dues: |
$ |
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Seller Type: |
REO / Bank / Private / Unknown |
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Type of |
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FHA / VA / Conventional / Owner Financed / |
Ownership |
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Financing: |
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Cash / |
Type: |
Leasehold / |
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Sales or Financing Concessions: |
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Comments: |
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Comparable Sale 2 |
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Street Address: |
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City, Zip: |
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Proximity to |
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Same block / Across the street / Within 1 block / Within 2 blocks / Within 4 blocks / Within 8 blocks / |
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Subject: |
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Within 1 mi. / 1 to 5 mi. / 6 to 10 mi. / Over 10 mi. |
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Location Comparison: Less desirable / Similar / More desirable than subject property location |
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Style: |
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1 Story / Ranch / Bungalow / Cottage / Cape Cod / |
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Dome / |
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Living Space (sq. ft.): |
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Number of Units: |
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Condition: |
Excellent / Good / Average / Fair / Poor / Damaged |
Age (to nearest year): |
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Total Rooms: |
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Bedrooms: |
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Full Baths: |
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Half Baths: |
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Basement: |
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None / ¼ / ½ / ¾ / Full |
Proportion Finished: Unfinished / 25% / 50% / 75% / 100% / Unknown |
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Garage Type: |
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Attached / |
Number of garage spaces: |
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Lot Size (sq. ft.): |
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Lot Size (acres): |
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Original List Price: |
$ |
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Sale Price: |
$ |
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DOM: |
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Sale Date (mm/dd/yyyy): |
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Monthly HOA Dues: |
$ |
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Seller Type: |
REO / Bank / Private / Unknown |
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Type of |
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FHA / VA / Conventional / Owner Financed / |
Ownership |
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Financing: |
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Cash / |
Type: |
Leasehold / |
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Sales or Financing Concessions:
Comments:
THIS FORM IS PROVIDED FOR INFORMATION GATHERING PURPOSES ONLY. DO NOT FAX, EMAIL OR MAIL THIS FORM.
THIS FORM WILL NOT BE ACCEPTED AS A COMPLETED BPO! PLEASE USE THE www.rrreview.com WEBSITE TO ENTER YOUR BPO RESULTS
Residential RealEstate Review Inc. |
|
Telephone: |
10401 Deerwood Park Blvd., Jacksonville, FL 32256 |
Page 2 of 5 |
www.rrreview.com |
EVIEW.COM |
Residential RealEstate Review, Inc. |
|
Drive By BPO (Standard) Field Notes Form |
||
|
RRRForm 002.1 Rev. 10/05/04
This form is for agent convenience only! – It will NOT be processed as a BPO Valuation.
Comparable Sale 3
Street Address: |
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City, Zip: |
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Proximity to |
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Same block / Across the street / Within 1 block / Within 2 blocks / Within 4 blocks / Within 8 blocks / |
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Subject: |
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Within 1 mi. / 1 to 5 mi. / 6 to 10 mi. / Over 10 mi. |
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Location Comparison: Less desirable / Similar / More desirable than subject property location |
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Style: |
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1 Story / Ranch / Bungalow / Cottage / Cape Cod / |
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Dome / |
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Living Space (sq. ft.): |
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Number of Units: |
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Condition: |
Excellent / Good / Average / Fair / Poor / Damaged |
Age (to nearest year): |
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Total Rooms: |
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Bedrooms: |
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Full Baths: |
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Half Baths: |
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Basement: |
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None / ¼ / ½ / ¾ / Full |
Proportion Finished: Unfinished / 25% / 50% / 75% / 100% / Unknown |
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Garage Type: |
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Attached / |
Number of garage spaces: |
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Lot Size (sq. ft.): |
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Lot Size (acres): |
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Original List Price: |
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Sale Price: |
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DOM: |
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Sale Date (mm/dd/yyyy): |
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Monthly HOA Dues: |
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Seller Type: |
REO / Bank / Private / Unknown |
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Type of |
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FHA / VA / Conventional / Owner Financed / |
Ownership |
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Financing: |
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Cash / |
Type: |
Leasehold / |
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Sales or Financing Concessions: |
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Comments: |
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Competitive Property 1 |
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Street Address: |
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City, Zip: |
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Proximity to |
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Same block / Across the street / Within 1 block / Within 2 blocks / Within 4 blocks / Within 8 blocks / |
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Subject: |
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Within 1 mi. / 1 to 5 mi. / 6 to 10 mi. / Over 10 mi. |
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Location Comparison: Less desirable / Similar / More desirable than subject property location |
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Style: |
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1 Story / Ranch / Bungalow / Cottage / Cape Cod / |
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Dome / |
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Living Space (sq. ft.): |
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Number of Units: |
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Condition: Excellent / Good / Average / Fair / Poor / Damaged |
Age (to nearest year): |
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Total Rooms: |
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Bedrooms: |
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Full Baths: |
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Half Baths: |
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Basement: |
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None / ¼ / ½ / ¾ / Full |
Proportion Finished: |
Unfinished / 25% / 50% / 75% / 100% / Unknown |
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Garage Type: |
Attached / |
Number of garage spaces: |
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Lot Size (sq. ft.): |
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Lot Size (acres): |
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Original List Price: |
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Current List Price: $ |
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DOM: |
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Monthly HOA Dues: |
$ |
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Seller Type: |
REO / Bank / Private / Unknown |
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Type of |
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FHA / VA / Conventional / Owner Financed / |
Ownership |
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Financing: |
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Cash / |
Type: |
Leasehold / |
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Sales or Financing Concessions:
Comments:
THIS FORM IS PROVIDED FOR INFORMATION GATHERING PURPOSES ONLY. DO NOT FAX, EMAIL OR MAIL THIS FORM.
THIS FORM WILL NOT BE ACCEPTED AS A COMPLETED BPO! PLEASE USE THE www.rrreview.com WEBSITE TO ENTER YOUR BPO RESULTS
Residential RealEstate Review Inc. |
|
Telephone: |
10401 Deerwood Park Blvd., Jacksonville, FL 32256 |
Page 3 of 5 |
www.rrreview.com |
EVIEW.COM |
Residential RealEstate Review, Inc. |
|
Drive By BPO (Standard) Field Notes Form |
||
|
RRRForm 002.1 Rev. 10/05/04
This form is for agent convenience only! – It will NOT be processed as a BPO Valuation.
Competitive Property 2
Street Address: |
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City, Zip: |
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Proximity to |
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Same block / Across the street / Within 1 block / Within 2 blocks / Within 4 blocks / Within 8 blocks / |
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Within 1 mi. / 1 to 5 mi. / 6 to 10 mi. / Over 10 mi. |
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Location Comparison: Less desirable / Similar / More desirable than subject property location |
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Style: |
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1 Story / Ranch / Bungalow / Cottage / Cape Cod / |
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Dome / |
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Living Space (sq. ft.): |
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Condition: |
Excellent / Good / Average / Fair / Poor / Damaged |
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Total Rooms: |
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Bedrooms: |
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Full Baths: |
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Half Baths: |
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Basement: |
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None / ¼ / ½ / ¾ / Full |
Proportion Finished: |
Unfinished / 25% / 50% / 75% / 100% / Unknown |
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Garage Type: |
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Attached / |
Number of garage spaces: |
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Lot Size (sq. ft.): |
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Lot Size (acres): |
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Original List Price: |
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Current List Price: |
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DOM: |
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Monthly HOA Dues: |
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Seller Type: |
REO / Bank / Private / Unknown |
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Type of |
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FHA / VA / Conventional / Owner Financed / |
Ownership |
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Financing: |
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Cash / |
Type: |
Leasehold / |
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Sales or Financing Concessions: |
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Comments: |
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Competitive Property 3 |
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Street Address: |
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City, Zip: |
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Proximity to |
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Same block / Across the street / Within 1 block / Within 2 blocks / Within 4 blocks / Within 8 blocks / |
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Subject: |
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Within 1 mi. / 1 to 5 mi. / 6 to 10 mi. / Over 10 mi. |
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Location Comparison: Less desirable / Similar / More desirable than subject property location |
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Style: |
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1 Story / Ranch / Bungalow / Cottage / Cape Cod / |
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Dome / |
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Living Space (sq. ft.): |
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Number of Units: |
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Condition: |
Excellent / Good / Average / Fair / Poor / Damaged |
Age (to nearest year): |
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Total Rooms: |
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Bedrooms: |
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Full Baths: |
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Half Baths: |
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Basement: |
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None / ¼ / ½ / ¾ / Full |
Proportion Finished: |
Unfinished / 25% / 50% / 75% / 100% / Unknown |
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Garage Type: |
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Attached / |
Number of garage spaces : |
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Lot Size (sq. ft.): |
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Lot Size (acres): |
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Original List Price: |
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Current List Price: |
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DOM: |
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Monthly HOA Dues: |
$ |
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Seller Type: |
REO / Bank / Private / Unknown |
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Type of |
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FHA / VA / Conventional / Owner Financed / |
Ownership |
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Financing: |
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Cash / |
Type: |
Leasehold / |
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Sales or Financing Concessions:
Comments:
THIS FORM IS PROVIDED FOR INFORMATION GATHERING PURPOSES ONLY. DO NOT FAX, EMAIL OR MAIL THIS FORM.
THIS FORM WILL NOT BE ACCEPTED AS A COMPLETED BPO! PLEASE USE THE www.rrreview.com WEBSITE TO ENTER YOUR BPO RESULTS
Residential RealEstate Review Inc. |
|
Telephone: |
10401 Deerwood Park Blvd., Jacksonville, FL 32256 |
Page 4 of 5 |
www.rrreview.com |
EVIEW.COM |
Residential RealEstate Review, Inc. |
|
Drive By BPO (Standard) Field Notes Form |
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RRRForm 002.1 Rev. 10/05/04
This form is for agent convenience only! – It will NOT be processed as a BPO Valuation.
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Neighborhood |
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Neighborhood Trend: |
Stable / Declining / Improving / Unknown |
Pride of Ownership: Good / Fair / Poor |
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Number of Lis tings: |
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Housing Supply: Increasing / Stable / Decreasing |
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Annual Appreciation (%): (0 for |
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stable, precede with |
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for depreciation): |
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Low End of Price Range: |
$ |
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High End of Price Range: |
$ |
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Predominant Home Price (must be |
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Predominant Occupancy: |
Owner / Tenant |
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within above |
$ |
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Describe any negative neighborhood factors that detract from the subject’s resale value:
Subject Property
Describe any functional/economic obsolescence and any necessary repairs:
Quick Sale and Sale |
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Quick Sale (30 days) As |
$ |
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30 day Repaired Value: |
$ |
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Sale |
$ |
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$ |
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Enter the Estimated Days to Sell under Current Market Conditions: |
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Current Market Condition As |
$ |
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Repaired Value: |
$ |
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Estimated Time to Repair (Days): |
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Estimated Cost of Repairs: |
$ |
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Land Value: |
$ |
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Potential Resale Problems
Will this property be a problem for resale? Yes / No
List reasons here:
Preparation Info. |
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Prepared by: |
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Date of Actual Inspection: |
/ / |
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Agency Company Name: |
Agency Phone: |
|
|
||
|
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|
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|
|
THIS FORM IS PROVIDED FOR INFORMATION GATHERING PURPOSES ONLY. DO NOT FAX, EMAIL OR MAIL THIS FORM.
THIS FORM WILL NOT BE ACCEPTED AS A COMPLETED BPO! PLEASE USE THE www.rrreview.com WEBSITE TO ENTER YOUR BPO RESULTS
Residential RealEstate Review Inc. |
|
Telephone: |
10401 Deerwood Park Blvd., Jacksonville, FL 32256 |
Page 5 of 5 |
www.rrreview.com |