Help with BPO preferred provider enrollment

Are there any minimum requirements to be enrolled?

Yes, you must have been licensed for at least two-and-a-half years and have an E&O policy with $250,000 minimum coverage per incident and $500,000 aggregate maximum in order to be enrolled in the preferred provider panel.  In addition, you may be required by certain companies to complete a criminal background check in order to receive assignments in the following states: AK, AZ, CA, CO, FL, IA, IL, IN, KS, MA, ME, MN, MO, MS, NH, NY, OH, OK, SC, TX, VA, WA, and WI.

What information is sent to the BPO management companies?

The contact and license information that you provided as part of the application process is the only information sent to the management companies.  No billing information is retained or sent to any third party.

What do the BPO management companies do with the enrollment information?

You will be contacted directly by the management companies to complete your enrollment in their provider panels.  Neither NAR nor RPR have any direct involvement in this portion of the signup process, although the management companies do provide regular reporting of enrollment status to NAR and RPR.  The BPO panel enrollment process typically involves a phone call that you will receive from each management company in whose panel you are being enrolled, followed by submission of the management company’s paperwork, with which you will be provided.

Can I decline to be enrolled by any of the management companies that contact me?

Yes, you are under no obligation to be enrolled in any of the companies’ BPOR preferred provider panels.  However, if you decline to be enrolled, you will not receive BPO orders from the management company.

Will different participating BPO management companies offer different advantages to their BPOR certified panelists?

While each company will administer the program according to its own, internal methodology, all of the participating companies have agreed to provide the same advantage to members who earn BPOR.  This means that no one company will offer a lesser or greater advantage to certified members than any other company.

How do I get help regarding the BPO management companies’ enrollment process?

Each company will enroll you separately, and provide you with contact information that you can use to receive assistance with their enrollment process or for questions about the orders they have assigned to you.

Copyright © 2012 NATIONAL ASSOCIATION of REALTORS®. All rights reserved.