I am currently in class and hope to sit for my state exam in Ohio by fall. I am wondering what type of money companies are paying these days for BPO's. My thought is while I wait for listings to start coming in I can work BPO's for some extra income as well as to better learn the market. Thanks

You better first check with your Broker to see if he/she will allow a new agent to complete BPOs. Assuming he does then your days will be consumed with signing up with companies.

BPOs are competive and hard to come by. Once you get one you can expect to make 30-60 dollars per BPO. Thats assuming you accepted the BPO from a company that pays.

Just to add to what REODayton said: some companies will not allow BPOs to be performed by an agent who has less than 2 or 3 years experience. If your broker will allow you to do BPOs and a company will hire you to do them, you also need to make sure that your broker's e&o insurance covers BPO work. And lastly, your broker may or may not want a percentage or flat fee of the money being paid for the BPOs.

I would not advise this at all. More and more agents are finding themselves in law suits for mistakes they made in a BPO. (Search through the threads and you will see). There are so many details to keep straight and if you are just learning you are more prone to error or misjudgement. Clients are expecting you to give them serious advice on real world dollar situations. Are you prepared for that having not yet made a sale or taken a listing?

It might be advisable to take wing under an experienced agent and learn the ropes that way.

Welcome to real estate and best of luck to you.

Good luck with finding them.