This opinion may have either a positive or negative result on the outcome of your short sale. First of all, as I stated earlier, it is “just and opinion” put forth by an agent. Hopefully, your agent is very familiar with the current market values of the homes in your area, and fully understands the entire scope of your short sale. On the other hand, you may find yourself with an agent that may not be so knowledgable in this area, and their opinion of the price of your home may cause more harm than good in this situation. In order to be a BPO Agent all that is required is that you simply put your name on a list. The only license or credential that is required is a Real Estate License – something all Real Estate Agents must have anyhow.