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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All, that is a big scam and this is not the first time I see this post on the web.
Any BPO charge $50 (if you get it), the fee to register is $295. They make $245 on each of these deal. Better then Fannie Mae of other big banks payment of $110 to these companies.
I noticed this question was dated September of 2009.
I'd like to know if anyone has since had a good experience with this company - Absolute REO Solutions. They just called me with a listing in my area. Of course, I would have to sign up and pay the $295 fee. I could hear many people on the phone in the background like it's a boiler room, and my contact was reading a script to me. So I'm very suspicious...
Yeah, but I hope you have noticed that the responses and updates from people are more recent. I am baffled how people still hold on to the hope that they are special and it will be different for them. They will be the one to receive a listing. Look and read and google this company and you will have your answer. Good luck.
I applied 1 year ago and I did not get any work from them. This week they told me that I was getting my money back ( check in the mail) will see. This is a short version of what happened with this company. Do not pay any fee.
Jennie Shook > graciela mcdonaldApril 1, 2011 at 3:37pm
I signed up in August 2010, with a money back guarantee after a year if I didn't get any business from them. I haven't had any assignments yet. I'm glad to hear that Graciela got her money back.
I would prefer working for Richard, Than with you. I WAS an "approved BPO Vendor" in the HEART of the Foreclosure Market (California), and only received the token BPO. It was a waste of my time and money to sign up with your company.
Replies
All, that is a big scam and this is not the first time I see this post on the web.
Any BPO charge $50 (if you get it), the fee to register is $295. They make $245 on each of these deal. Better then Fannie Mae of other big banks payment of $110 to these companies.
Just be aware. Good luck. Muhammad
ya it would be nice to get a refund of my money seems how i NEVER got a listing
I noticed this question was dated September of 2009.
I'd like to know if anyone has since had a good experience with this company - Absolute REO Solutions. They just called me with a listing in my area. Of course, I would have to sign up and pay the $295 fee. I could hear many people on the phone in the background like it's a boiler room, and my contact was reading a script to me. So I'm very suspicious...
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