My Thanks go out to all of you who have responded. I was called today with regard to my application and after a discussion he ended with the tag line all we have to do to get you set up is collect your 299.00 fee. I did not give him my card number. I asked for references. He would not give me any references and stated that they have confidentially agreements with all their agents and cannot give out that information. I have paid a lot of money over the years for similar arrangements and they always leave me with less of my money and no business.
I did checked out ABSREO website. It definitely looks pretty good including the documents. I also looked at their listing properties in my area in Aptos, San Jose, Saratoga and Los Gatos of Northern California. It shows one particular agent had all of the listings, except for one as the listing agent in my area - Listed in July 2009. I contacted her and asked her what she knew about ABSREO, and her connection with them. Reason I contacted her is because I checked out the MLS on those properties - all 15 of them. They were listed by other agents as traditional, short sale and REO. One had a REO Team. They closed the transactions in August and September of 2009. The properties were listed in July 2009 on the MLS. Just did not make sense. .... The information on ABSREO.com website are incorrect. The listing agent whose name that were on their website don't know anything about the listings. She said she paid the $295 fee about 9 months ago and has not gotten anything.
I emailed Michael Kolar / mkolar@absreo.com and CC to Steve D. Johnson / sjohnson@absreo.com (Steve is a member of REOPRO and owner of the domain name - http://www.networksolutions.com/whois-search/absreo.com) and Anthony Berg / aberg@absreo.com. I mentioned about their false information on their website. Michael responded with "The Listings on our website are submitted by our agent/broker members, we don't maintain that. It is asked of our members to maintain that portion. Those listings can be Traditional , Short sales or REO's." …. I don’t know how good is that statement, but why would any of those listing agents put another agent from a different office as the listing agent? I don’t know what Asset Manager would allow this. Almost all are under one agent in my area. So what does this tells you? It tells me "Hello! They don’t really have any listings in my area. Just there to look good".
Have any of you who joined, checked out the listings on their website? Is it good information that matches your MLS? …. Give us some feed back.
I have been with them for about 5 months now and haven't received a thing. I paid the fee upfront thinking this might be a good thing. It's not too big of a loss if nothing happens. I am in So Cal and they don't seem to have a lot down here. Am I wrong?
They are now on Facebook and have an "Ask the Asset Manager" area. I tried it and they were pretty helpful and quick.
You can find them by searching the name "Absolute REO Solutions, Inc." in the Facebook search field. I wouldn't discount the possibility that they are maneuvering for the future. They are pretty active in this and other communities online which indicates involvement and investment. I'd be interested in talking to them directly to see what their game plan is.
Got a call today from Steve Johnson, asset manager. Seems I had not completed the Master Servicing Agreement. If anyone has signed up with them I would suggest logging in, checking out the broker procedures, time lines, master service agreement, tutorials etc. Also confirm that your master service agreement is completed with your assigned asset manager.
Steve was very informative and emailed me what I was missing while we were on the phone. Sounds like they are running into the same lull in assignments due to loan mods. Hopefully some BPO and REO work soon. Stay tuned...
Eisrael Gomez
CENTURY 21 A Property Shoppe
Monterey County, CA
831-809-8266 cell
Just letting you know I still have not heard anything from these guys. I keep getting requests to join the facebook page, but don't want it linked to my facebook page until I know it is actually generating leads. They were diligent about calling and making sure I joined after that..... nothing. I emailed again today for an update. I will keep everyone posted! Just a good reminder to check out Jesse's recommended list before joining/paying anyone for leads.
Eisrael Gomez
CENTURY 21 A Property Shoppe
REO, Shortsales Specialist
Monterey County, CA
831-809-8266
831-809-8266
Just be sure to research and read as much as you can about all of these companies that you pay with your hard earned money, your money, and make sure that they have listings in your specific area. Caution companies that say "we are expanding to your area"...REO assets / listings are in short supply these days, and you may not want to be the guinea pig for their new territories. I have personally fallen for this sales pitch only later to find that the asset management company serviced areas far far away from where I am. So do you research, check REO Professionals (any and all blogs) and be prepared to say.."No thanks!" There are other companies out there that may be more legitimate.
Regards,
Courtney Hagins CDPE ABR
RE/MAX Island Realty
Hilton Head Island, SC
Signed up a couple of weeks ago after getting the invitation through REOPRO. Didn't pay the sign up costs. Later someone called to interview me to see if I would fit in with what they are looking for. I paid the money and now I will see what happens. Nothing in my area of course right now. We shall see. I will update this once I get something. So far no BPO's, just confirmation they got my money! :-)
Tony Shade > Eisrael GomezJanuary 19, 2010 at 9:40am
Hi Eisarel,
Anything come from Absolute REO Solutions yet?? Which state are you in? There site appears to have property listings , but when you choose a state, it asks for login info. Just wondering if you see any listings showing in your state with your login data.
Jonathan Chi > Eisrael GomezNovember 30, 2009 at 6:19am
Hi Eisrael,
How are you? Want to see if you received any BPO requests from ABSREO since your last update.
Replies
I emailed Michael Kolar / mkolar@absreo.com and CC to Steve D. Johnson / sjohnson@absreo.com (Steve is a member of REOPRO and owner of the domain name - http://www.networksolutions.com/whois-search/absreo.com) and Anthony Berg / aberg@absreo.com. I mentioned about their false information on their website. Michael responded with "The Listings on our website are submitted by our agent/broker members, we don't maintain that. It is asked of our members to maintain that portion. Those listings can be Traditional , Short sales or REO's." …. I don’t know how good is that statement, but why would any of those listing agents put another agent from a different office as the listing agent? I don’t know what Asset Manager would allow this. Almost all are under one agent in my area. So what does this tells you? It tells me "Hello! They don’t really have any listings in my area. Just there to look good".
Have any of you who joined, checked out the listings on their website? Is it good information that matches your MLS? …. Give us some feed back.
You can find them by searching the name "Absolute REO Solutions, Inc." in the Facebook search field. I wouldn't discount the possibility that they are maneuvering for the future. They are pretty active in this and other communities online which indicates involvement and investment. I'd be interested in talking to them directly to see what their game plan is.
Here is an update!
Got a call today from Steve Johnson, asset manager. Seems I had not completed the Master Servicing Agreement. If anyone has signed up with them I would suggest logging in, checking out the broker procedures, time lines, master service agreement, tutorials etc. Also confirm that your master service agreement is completed with your assigned asset manager.
Steve was very informative and emailed me what I was missing while we were on the phone. Sounds like they are running into the same lull in assignments due to loan mods. Hopefully some BPO and REO work soon. Stay tuned...
Eisrael Gomez
CENTURY 21 A Property Shoppe
Monterey County, CA
831-809-8266 cell
Just letting you know I still have not heard anything from these guys. I keep getting requests to join the facebook page, but don't want it linked to my facebook page until I know it is actually generating leads. They were diligent about calling and making sure I joined after that..... nothing. I emailed again today for an update. I will keep everyone posted! Just a good reminder to check out Jesse's recommended list before joining/paying anyone for leads.
Eisrael Gomez
CENTURY 21 A Property Shoppe
REO, Shortsales Specialist
Monterey County, CA
831-809-8266
831-809-8266
Just be sure to research and read as much as you can about all of these companies that you pay with your hard earned money, your money, and make sure that they have listings in your specific area. Caution companies that say "we are expanding to your area"...REO assets / listings are in short supply these days, and you may not want to be the guinea pig for their new territories. I have personally fallen for this sales pitch only later to find that the asset management company serviced areas far far away from where I am. So do you research, check REO Professionals (any and all blogs) and be prepared to say.."No thanks!" There are other companies out there that may be more legitimate.
Regards,
Courtney Hagins CDPE ABR
RE/MAX Island Realty
Hilton Head Island, SC
Anything come from Absolute REO Solutions yet?? Which state are you in? There site appears to have property listings , but when you choose a state, it asks for login info. Just wondering if you see any listings showing in your state with your login data.
How are you? Want to see if you received any BPO requests from ABSREO since your last update.
-
2
-
3
-
4
-
5
-
6
of 6 Next