I just received a call from a representative from Absolute REO Solutions. There is a $295 fee associated with their 'service'. Does anyone know if this is legit or if it's a scam? I'd hate to throw away nearly 300 bucks.
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I submitted the online application to them on Friday and balked at the page to sign up for $295. Today they called and wanted the $295 before assigning me a User ID and PW. When asked how many listings they have available in the zipcodes I submitted, that info could not be shared with me at this time because I did not have a User ID and PW. Crazy !!!
The clerk mentioned 3 times on the call "we do not take any commision from you". She also stated if a REO listing is not offered in 1 year, the $295 fee is credited back to you. Not sure I will go forward with this unless others from this board has had a positive experience with them.
I signed up with them because there were listings in my area on their site. I'll let everyone know how it goes if I get any response. So far, I've been letting them know every week to remind them I'm on their agent list.
Did you get any listings ? Did you get your refund?
Bob Coffey > Magda Robles CDPE,SFR,CRS,GRIMarch 14, 2011 at 5:25pm
Hi Magda, I posted back in Oct 2009 that I thought this was a scam and decided I would not sign up.
I have had over 250 responses and they keep coming! This posting has saved a lot of folks from being duped. Let me know if I can be of further assistance. Thank you! Bob
I see that you are sending a correspondence to them each week to remind them that you are on their list. Is this working with these companies? I really am at a loss as to how and what they are looking for as far as getting work from them. I have created a great BPO/REO marketing brochure but I don't know what to do with it. I want the business but don't know what works and who to get it to or who I may aggravate which in turn will make me further from getting business. Oh my gosh I just realized that this post is way way old! However I am going to respond anyway. Maybe now you have even more insight for me. I am new to the BPO/REO world but desperately want in:) Thanks for any info you can provide!
Replies
The clerk mentioned 3 times on the call "we do not take any commision from you". She also stated if a REO listing is not offered in 1 year, the $295 fee is credited back to you. Not sure I will go forward with this unless others from this board has had a positive experience with them.
Hi Magda, I posted back in Oct 2009 that I thought this was a scam and decided I would not sign up.
I have had over 250 responses and they keep coming! This posting has saved a lot of folks from being duped. Let me know if I can be of further assistance. Thank you! Bob
Bob,
I think your post has been the most popular of all time. Thanks for posting.